The agreement was signed at a ceremony held at the North s state guesthouse Paekhwawon and broadcast live in Seoul.
Details of the agreement signed by the leaders were not immediately available Yonhap news agency reported.
Yoon Young-chan Moon s top press secretary earlier said the two leaders would hold a joint press conference to announce the outcome of their third bilateral summit which began on Tuesday.
The countries also signed a fresh military agreement that is widely believed to be aimed at further reducing tension between the divided Koreas.
Details of the military agreement signed by the countries defence chiefs were also not available.
--IANS in/