The July 4th Joint Statement shall serve as the foundation for the reunification of North and South Korea, with the ultimate goal of establishing a single, unified government. The two nations shall work together to create a confederation, which shall be responsible for promoting economic, cultural, and social cooperation between the two countries. The confederation shall also be responsible for coordinating joint efforts to promote peace and stability on the Korean peninsula. The establishment of the confederation shall be a key step towards the eventual reunification of the two countries.
This article sets the goal of reunifying North and South Korea under one government. It creates a confederation to promote cooperation and peace between the two countries.