CNN —  

It’s been billed as an historic encounter that could lead to peace on the Korean Peninsula, which has been divided for more than six decades.

On Friday morning, North Korean leader Kim Jong Un will be greeted by South Korean President Moon Jae-in at the demilitarized zone (DMZ) that divides the two countries – the first time leaders of the two countries have met since 2007.

The outcome will set the stage for what’s primed to be the most significant diplomatic summit in a generation, with Kim and US President Donald Trump set to meet in May or early June.

Here’s what you need to know.

What’s going to happen?

Kim will walk across the painted Military Demarcation Line (MDL) and into the southern half of the DMZ at about 9.30 a.m. local time Friday morning (8.30 p.m. ET Thursday) – a moment that’s expected to be beamed live to millions worldwide.

There, he will be met by President Moon and together they will make the short walk to the Peace House, a conference center in Panmunjon or Truce Village, which straddles the DMZ.