Seoul: South and North Korea will hold a high-level meeting next week to review implementation of their previous summit agreements and discuss preparations for new talks between their leaders, Seoul's Unification Ministry said on Thursday.

The meeting will be held on August 13 on the northern side of the truce village of Panmunjom that separates the two Koreas, reports Yonhap News Agency.

"Through the upcoming high-level talks, the two sides will have in-depth discussion on ways to bolster the implementation of the Panmunjom Declaration and exchange views on things needed to successfully hold an inter-Korean summit," the Ministry said.

The declaration referred to the agreement that South Korean President Moon Jae-in and North Korean leader Kim Jong-un adopted when they met in April.

Under the agreement, the two sides promised to work towards complete denuclearization of the Korean Peninsula, halt hostile acts against each other and bolster cross-border exchanges. They also promised to meet in Pyongyang later this year.

The high-level talks will be the fourth since the start of this year. They last met in June.