"Sharing the view that South Korea needs to bolster its defense capabilities to counter North Korea's provocations and threats, the two leaders agreed in principle to revise the missile guidelines to a level that the South Korean side desires", read a statement from President Moon's office, quoted in the country's news agency Yonhap.
It came as USA and South Korean forces were nearing the end of the 10-day annual Ulchi Freedom Guardian joint exercises, which the North regards as a rehearsal for invasion.
Moon and U.S. President Donald Trump spoke by telephone Friday, officials in Washington and Seoul said.
Seoul is now allowed to possess ballistic missiles with a range of 800 km and payload of 500 kg, but it wants the weight limit raised to 1,000 kg.
Friday night, the White House released a readout of the phone call between the two leaders, saying Trump provided a conceptual approval of the sale of billions of dollars' worth of American military equipment to South Korea.
On Tuesday, North Korea fired a missile over Japan, prompting Trump to insist that "all options were on the table" in an implied threat of pre-emptive military action.
The Pentagon had said it was "actively" considering the revision.
Trump Keeps All Options Open for North Korea: White House
Signed with the U.S. in 2001 - the year South Korea joined the MissileTechnology Control Regime (MTCR) - the agreement initially limited Seoul to rockets with a range of just 300 kilometres, due to United States concerns about triggering a regional arms race in Northeast Asia.
However, diplomats expect resistance from Russian Federation and fellow veto-wielding power China, particularly given that new measures were only announced on August 5 after North Korea tested its first two intercontinental ballistic missiles in July.
"Talking is not the answer", Trump had tweeted earlier in the week after the latest launch of a North Korean ballistic missile, which leader Kim Jong Un was quoted as saying was a simulation of war meant to demonstrate his military's capability to strike the USA territory of Guam.
Previous U.N. penalties have resulted in Pyongyang expressing its displeasure and demonstration of its iron-clad nuclear ambition through more missile tests.
North Korea has been working to develop a nuclear-tipped missile capable of hitting the United States and has recently threatened to land missiles near the US Pacific territory of Guam.
Park said the two leaders reaffirmed the need to bring Pyongyang back to dialogue by applying maximum sanctions and pressure.
Footage of the second separation burn that propelled the MS-04 away from the ISS was also taken aboard the space station. CAPE CANAVERAL, Fla - NASA all-time space champ Peggy Whitson is back on Earth after a record-breaking flight.
Lee has been accused of offering bribes of 38 million Dollars for various departments after the death of his father. Twice convicted of tax evasion and bribery, the elder Lee never spent any time in prison.
At the time of the August 8 vote, worldwide election observers said that they encountered little interference with the vote. Kenyatta is addressing the nation after Friday morning's ruling that also called for a new election within 60 days.
In Doha, Lavrov and Foreign Affairs Sheikh Mohammed bin Abdulrahman Al-Thani mulled the developments of the current Gulf crisis. The White House says Trump discussed the issue Wednesday in a telephone conversation with Saudi Arabia's King Salman.
Considering the relentless, personal and often extremely sexist coverage of Taylor Swift throughout her career, maybe she's right. There's one thing in particular that Swift, 27, admires about Kloss, 25, and that's her drive to inspire young girls.
Sadly, authorities found the body of the woman Wednesday, but miraculously: The toddler was clinging to her mother, alive. A mother in Texas has died as she tried to get herself and her daughter to safety in the aftermath of Hurricane Harvey.
Whole Foods co-founder and CEO John Mackey said the market has been on a mission to bring the highest quality food to customers. Analysts were expecting the price cuts, although some noted that they are coming sooner than expected .
Manager Martin O'Neill concurred that his side would have to improve ahead of Tuesday's fixture at the Aviva Stadium. The introduction of Aiden McGeady saw Ireland add some pace to their game but in the end it mattered little.
Guterres said that it was the government's responsibility to provide security and allow aid agencies to reach those in need. Tension has always been high between the Rohingya Muslims and Rakhine Buddhists , leading to bloody rioting in 2012.
Being a first-year head coach, McDermott was asked if he's anxious his oft message of "proving it" isn't being listened to. McDermott was asked if getting sent home was a standard or previously agreed upon punishment for what Dareus did.
It argues that the ban violates the Equal Protection Clause of the Constitution, as well as due process and free speech. In Maryland, the American Civil Liberties Union filed a suit Monday on behalf of six transgender military members.
Studio Director Todd Howard gave a hint for the two projects during an interview with IGN at DICE 2017 this past February. Martin franchise, it seems only logical that a massive RPG could be in the works.
It is the first time in Rakhine's bitter and bloody crisis that Hindus have fled the country - a sign violence is billowing out. Since then thousands of Rohingyas - not recognised by the Myanmar government - crossed the border to flee violence.
Novartis also considered the cost of bone-marrow transplants, which are now given to many leukemia patients whose cancer relapses. The new treatment can act as a lifesaver for those patients who did not recover through first line drug treatments.
The Framlingham singer beat Kendrick Lamar to win "artist of the year" at the MTV Video Music Awards in Los Angeles. Towards the end of the song, she was carried through the air and thrown up and down.
Africa Command, which said it was "conducting an assessment into the situation to determine the facts on the ground". A Somalia official says a raid by foreign and Somali forces on a farm has killed 10 civilians, including a child.
The Yankees hoped to be able to stagger the suspensions so they didn't lose both catchers at the same time. So, it would not surprise the Yankees to see both of their catchers, Sanchez and Romine, suspended.
Gronkowski, who starred in 3LAU's music video for "On My Mind" in May, made a brief cameo at around the video's 2:24 mark. However, it's less a game of basketball and more a series of bloopers and memes, as Perry's squad gets demolished.