South Korean President Moon Jae-in plans to use his final year in office to reach an "irreversible peace” on the Korean Peninsula, and will seek help in salvaging one of his policy priorities at a summit next week with U.S. President Joe Biden.

Moon said Monday in a speech marking the start of the final year of his single, five-year term that now is "time to take action.” He added: "I will consider the remaining one year of my term as my last chance to move forward from an incomplete peace to an irreversible peace.”

His remarks come before his meeting with Biden on May 21 at the White House, where North Korea will be high on the agenda. Moon is set to become the second leader of a foreign country to hold face-to-face talks with Biden since he took office, following an April summit with Prime Minister Yoshihide Suga.