President Moon Jae-in will have his first summit with U.S. President Joe Biden in Washington in late May.
The two sides are working to finalize the date of the talks which come on Biden's invitation.
Moon and Biden had previously talked on the phone in February and reaffirmed the need to meet in person once the COVID-19 situation eases.
The Blue House says it is looking forward to in-depth discussions on ways to continue to develop the ironclad Seoul-Washington alliance as well as measures to achieve complete denuclearization and lasting peace on the Korean Peninsula.
The U.S. has been holding a comprehensive review of its North Korea policy expected to be a key point of discussion.
It's also likely that the leaders will discuss ways to bring Pyeongyang back to the negotiating table with denuclearization talks at a standstill since the Hanoi summit in 2019.
The Blue House expects the summit to create fresh momentum to revive the peace process on the Korean Peninsula especially important for President Moon who has about a year left in office to make any meaningful progress.
"I think North Korea is watching carefully whether the Biden administration is going to continue the previous pro-engagement stance of the Trump administration or revert back to the policy of strategic patience of the Obama administration or an even more aggressive policy that puts emphasis on the military option. So depending on how the new policy review turns out to be that's going to determine the success or failure of South Korea's efforts for continuing the peace process on the Korean Peninsula."
Moon and Biden are also expected to discuss South Korea-Japan ties and cooperation against COVID-19 and climate change.
Observers are also eyeing whether Biden will ask South Korea to participate in the so-called Quad which currently involves the U.S., Japan, Australia and India to counter China's rising influence.
The White House says that President Biden is looking forward to welcoming President Moon in the second half of May.
Moon's trip follows the recent two-plus-two talks of foreign and defense ministers in South Korea and a national security advisors' meeting in the U.S.
Kim Min-ji, Arirang News.