 South Korean President Moon Jae-in says he sees his final year in office as the last chance to achieve a lasting peace with North Korea. He added that it was time to take action as talks stall over Pyongyang's nuclear and missile programs. Moon's comments come ahead of his first summit with U.S. President Joe Biden in Washington on May 21. The South Korean president is expected to push the United States to seek engagement with North Korea. Moon also said that the government will further boost fiscal spending if needed to increase jobs as the country deals with its worst unemployment rate in two decades.