North and South Korea to make joint bid to co-host 2032 Olympics

PYONGYANG, North Korea -- North Korean leader Kim Jong Un and South Korean President Moon Jae-in said in a statement Wednesday that the countries planned to jointly bid for the 2032 Summer Olympics.

At a major summit, the two leaders gave no details of which cities might host certain events at the Games or how advanced the plans were.

The International Olympic Committee traditionally does not announce host cities until seven years ahead of the Games. That would give the Koreas until 2025 to put together a joint bid.

Germany already has announced plans for a multicity bid for the 2032 Olympics, as has Brisbane, Australia. The India Olympic Committee also has indicated its interest in hosting the 2032 Games.

A successful bid by the Koreas would mark the second time South Korea has hosted or co-hosted the Summer Games, the first being 1988 in Seoul. South Korea also hosted the Pyeongchang Winter Games in February.

Asia features in the next two Olympics -- the 2020 Summer Games in Tokyo and the 2022 Winter Games in Beijing, which also hosted the Summer Games in 2008.

Wednesday's joint statement also said the Koreas would look to cooperate in other major sports events, such as the 2020 Games, again without elaborating.