North and South Korea will march under a unified Korean flag at next month’s PyeongChang Winter Olympics opening ceremony, the two Koreas announced in a joint statement on Wednesday evening.

“The South and the North will jointly march holding a flag of Korean peninsula during the opening ceremony of the PyeongChang Winter Olympic Games,” the statement reads.

The opening ceremony is scheduled to talk place on February 9 – a day after North Korea is expected to host a series of military anniversary events in Pyongyang, including a possible military parade.

They will also form a single South-North women’s ice