Separate international taekwondo bodies from the two Koreas have agreed to establish a joint organization to integrate their different styles and rules of the sport.

Choue Chung-won, leader of South Korea's World Taekwondo and Ri Yong-son, head of North Korea's International Taekwondo Federation signed the deal Friday in Pyongyang.

The joint entity plans to have a shared training center and form a unified demonstration team for the 2020 Tokyo Summer Olympics.

It will also lobby for listing taekwondo as a UNESCO intangible cultural asset. 

The name of the new organization is expected to be decided next month.