The work, published on June 25, Juche 62 (1973), deals with the content of the five-point policy and significance and validity of its publication.

The main idea of the said policy is: To remove military confrontation and lessen the tension between the north and the south, achieve multilateral collaboration and interchange between the north and the south, convene a Great National Congress comprising representatives of people of all levels, political parties and social organisations from the north and the south, institute a north-south federation named the Federal Republic of Koryo and work together for the north and the south in the field of external activities and enter the UN under the name of the Federal Republic of Koryo.