Korea Saga Breakthrough: Pyongyang, Seoul Agree to Ease Tensions

© AP Photo / Lee Jin-manA South Korean soldier stands as a North Korean flag flutters in the wind atop a 160-meter (533-foot) tower in the village of Gijungdong near the north side of the border village of Panmunjom, which has separated the two Koreas since the Korean War, in Paju, north of Seoul, South Korea, Wednesday, Nov. 12, 2014
A South Korean soldier stands as a North Korean flag flutters in the wind atop a 160-meter (533-foot) tower in the village of Gijungdong near the north side of the border village of Panmunjom, which has separated the two Koreas since the Korean War, in Paju, north of Seoul, South Korea, Wednesday, Nov. 12, 2014 - Sputnik International
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Seoul and Pyongyang reached an agreement on Monday to defuse tensions in the current border standoff, the joint statement broadcast live by the YNV news channel revealed.

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TOKYO (Sputnik) — Last week, North Korea fired shells at a South Korean military base across the demilitarized zone in attempt to stop propaganda broadcasting from loudspeakers. Seoul responded with dozens of heavy artillery rounds.

In compliance with the undertaken commitments, South Korea promised to stop the anti-North Korean broadcasts at Tuesday noon, while North Korea expressed regret for what it termed the "provocations."

The Democratic People's Republic of Korea has also agreed to lift the "semi-state of war," according to the statement.

Moreover, both Koreas vowed to push for more reunions of families separated by the Korean war in September.

The two Koreas are very sensitive to incidents on their shared border, as the Korean Peninsula is formally in a state of war because no peace treaty was signed after the Korean War of 1950-1953.

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