In more than six decades the top leaders of Taiwan and China will be meeting on Saturday, November 7, in Singapore at 15:00 local time (07:00 GMT).
The talks between Taiwan President Ma Ying-jeou and China President Xi Jinping is the first since 1949 split following a civil war that was won by Chinese Communists and Kuomintang set up a new government in Taiwan.
The meeting is being held just ahead of the presidential and parliamentary elections in Taiwan and it is assumed the independence-leaning Democratic Progressive Party (DPP) may win. This is something that Beijing is desperate to avoid.
The closed doors talk is said to be taking place for about an hour after the shake hands event at a luxury hotel.
While aboard a flight from Taipei to Singapore the Taiwan president said it is a great opportunity for the country and he should grasp the chance of meeting the Chinese president.
Ma took office in 2008 and since then the relations between China and Taiwan have improved with better ties, better tourism links and also a trade pact signed.
It is being said the talks would focus at promoting peace and also to find proper ways to reduce hostilities including removal of Chinese missiles targeted at Taiwan.
Ma said one another goal of the talks is to institutionalize meetings between the two countries and persuade China for greater recognition of Taiwan in the international community.
Not to forget that Taiwan lost its seat to China at the United Nations in 1971.