North Korea the next frontier for U.S. businesses?

This image provided by Yonhap News TV shows North Korean leader Kim Jong-un in Singapore

This image provided by Yonhap News TV shows North Korean leader Kim Jong-un in Singapore

The optimistic summit was a remarkable change in dynamics from less than a year ago, when Trump was threatening "fire and fury" against Kim, who in turn scorned the American president as a "mentally deranged USA dotard".

"President Trump believes that Kim Jong-un has an unprecedented opportunity to change the trajectory of our relationship and bring peace and prosperity to his country", added the secretary of state. No, no, say others, you need to manage your expectations.

Trump made the remarks at a working lunch with Singapore Prime Minister Lee Hsien Loong at the presidential palace Istana after their bilateral meeting during which the two leaders discussed everything from the summit preparations to the US' tariff threats.

He has also raised the possibility of further summits.

Trump also spoke with South Korean President Moon Jae-in and Japanese Prime Minister Shinzo Abe on the phone Monday.

The North may see a treaty - and its presumed safety assurances from Washington - as its best way of preserving the Kim family dynasty. He declined, however, to reveal any details of the preliminary discussions being held Monday between US and North Korean officials.

Trump has faced intense pressure to win something similar to this.

"The discussions between the United States and North Korea are ongoing and have moved more quickly than expected", the White House said in a statement.

This is a very high bar and probably unrealistic after one meeting.

Among the three dozen or so North Koreans seen at breakfast on Monday were some of the regime's most powerful men, usually only spotted by North Korea watchers in photographs published in state media as they line up at official events.

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Pompeo met Kim during two visits to North Korea in the lead-up to Tuesday's summit.

Last week, Rodman said he would "give whatever support is needed" to his "friends" Trump and Kim.

The shift from a focus on denuclearization to keeping the discussions going comes after the summit was briefly called off by the President in late May.

Trump initially touted the potential for a grand bargain with North Korea to rid itself of a nuclear missile programme that has advanced rapidly to threaten the United States. The combatants of the 1950-53 Korean War are technically still at war, as the conflict, in which millions of people died, was concluded only with a truce.

Trump said June 9 that he expects to know "within the first minute" of their meeting if Kim is serious about giving up his weapons.

Trump is all set to depart for Singapore where he is scheduled to meet with Kim on Tuesday.

"I told them today, take your time". North Korea must be born again as a normal state after abandoning its "treasured sword" once and for all.

In part, these lowered expectations are a reflection of the extreme skepticism among many that the North can be persuaded to give up a nuclear program it has stubbornly built over the decades, often in secrecy and despite intense sanctions, global condemnation and widespread suffering among its people. As it happens, the North Korean and the American share a tendency to act unpredictably on the world stage. "It's good for Singapore, but the main point is, maybe we can help the two sides make peace, and that would be great for the world".

But a failure Tuesday doesn't necessarily mean a return to the animosity of 2017.

And as they emerged from the meal for a brief stroll together, Trump appeared to delight in showing his North Korean counterpart the interior of "The Beast", the famed US presidential limousine known for its high-tech fortifications. "(North Korea) confrontation", according to Scott Snyder, a Korea expert at the Council on Foreign Relations.

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