The Democratic People's Republic of Korea (DPRK) and the Republic of Korea (ROK) agreed on Friday to inform the International Olympic Committee (IOC) of intent to co-host the 2032 Olympics, Yonhaps reported.

The two countries began talks at 10 a.m. local time (0100 GMT) at their joint liaison office in the DPRK's border town of Kaesong.

The joint bid was agreed upon after the third summit in September in Pyongyang between ROK President Moon Jae-in and top DPRK leader Kim Jong Un.

They have also agreed to form unified teams at the 2020 Tokyo Summer Olympics, after which Paris will host the Summer Olympics in 2024, followed by Los Angeles in 2028.

Besides the joint bid from the DPRK and the ROK, Germany, Australia, India and Indonesia have expressed interest in hosting the 2032 Olympics.

Earlier in February, the two countries had a unified women's hockey team during the 2018 Winter Olympics in ROK's PyeongChang.

At the 2018 ITTF's world tour of Korea Open, a joint table tennis team from the two sides won the mixed doubles final on July 21. It was the first gold won by a joint-Korean sports team since a women's joint table tennis team claimed victory at the 1991 World Championships in Japan.

During the 2018 Asian Games in August in Indonesia, the two sides had joint teams in rowing, canoeing and women's basketball. They won a gold medal in dragon boat racing in the discipline of canoeing.

The two countries will try to send a joint team at the 2019 men's handball world championship which will be held in Denmark and Germany from January 10 to 27.