North Korea has reportedly told the U.S. that it would be willing to effectively dismantle its nuclear weapons program if the U.S. agrees to pledge that it has “no hostile intent” toward the Pyongyang regime.

The Washington Post says Leon Sigal, the director of the Northeast Asia Cooperative Security Project at the Social Science Research Council, was told by Pyongyang officials during a trip to the communist state that the North would be willing to transfer all of its spent nuclear fuel rods to a third country.

According to the paper, the North says it would be willing to transfer the rods, which can be used to manufacture weapons-grade plutonium, if the U.S. reiterates its commitment to a joint communiqué signed by the two sides in 2007.

According to Sigal, the North clearly expressed a willingness to stop the program and reverse course during his delegation’s trip there.

He said North Korea told him that it would expect South Korea’s assistance in producing electricity if it does surrender its several thousand spent fuel rods.