South Korean President Moon Jae-in is seeking a deal with North Korea in 2020 to bring about the "complete denuclearization" of the isolated nation in return for a peace treaty that would guarantee the survival of Kim Jong Un's regime.

Moon, an advocate of dialogue and exchange with North Korea, set out his ambitious goal Wednesday in a special presidential Blue House report outlining his objectives for his five-year term. While the government this week proposed talks with Pyongyang, it's the first time the new president has provided a timeline for his engagement policy.

"We will come up with a negotiation plan for comprehensive denuclearization that will lead a nuclear freeze to a complete dismantling," of weapons, the Blue House said in the report, which stated Moon would propose a road map this year. "The treaty will be signed when denuclearization is complete and the peace regime will be maintained in a stable way."