North Korea will suspend nuclear and missile tests effective immediately and abolish a nuclear test site in a bid to pursue economic growth and peace on the Korean peninsula, the North's state media are reporting.
North Korea has already effectively halted weapons tests for the past five months, after firing a missile on November 29 believed to be capable of reaching any city in the U.S. After that launch, which prompted the most restrictive United Nations sanctions yet, Kim declared his regime's decades-long quest for nuclear weapons "complete".
The two national leaders, South Korean President Moon Jae-in and North Korean leader Kim Jong-un, are expected to hold their first-ever discussion over the line, prior to their eagerly anticipated summit next Friday.
Prior to Kim's remarks, South Korean President Moon Jae said that North Korea has dropped the removal of US troops from South Korea as a precondition to denuclearization.
Trump struck an optimistic note earlier this week about the possibility of a denuclearized North Korea.
Moon has said that Kim is willing to discuss denuclearization.
North Korea conducted its sixth nuclear test last September deep underground at the Punggye-ri nuclear test site, in North Hamgyong Province. "North Korea is only talking about the end of a hostile policy against it and then a security guarantee for the country".
North Korea further claimed that a nuclear test center "will be discarded in order to ensure the transparency of the suspension of the nuclear test".
"North Koreans never give out anything for free so they'll be looking for something from us".
South Korea's presidential office and Trump welcomed North Korea's decision.
The party said it "will concentrate all efforts on building a powerful socialist economy and markedly improving the standard of people's living through the mobilization of all human and material resources of the country".
Ken Gause, a senior analyst at the US -based CNA Corp. said that the North has given no indication that it is willing to dismantle nuclear weapons at the outset of the summits.
Kim has committed himself to the path of denuclearization and will now focus exclusively on economic growth and improving the national economy, the source said.
Although Moon reported that North Korea isn't asking for the USA troops to leave, he said the North still wants the United States to end its "hostile" policy and offer security guarantees.
"If anything, they may agree to a broad declaration in favor of denuclearization followed by an incentive-based phase process. Look forward to our Summit", Trump said in a message on Twitter.
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