South Korea ‘effectively’ agrees on draft with US to end Korean War

Must read

White House claims 'substantial progress' on China trade deal

Although the White House claimed progress was made, no official details on a deal were announced, casting doubts on the purported agreement. The...

Microsoft and OpenAI renegotiate investment deal: Report

News of the deal follows restructuring plans from OpenAI to focus on a public benefit corporation controlled by a non-profit organization. Tech company...

Ethereum chart pattern supports 'moon shot' rally to new price highs if confirmed — Trader

Key Takeaways:Veteran trader Peter Brandt suggests a potential Ethereum rally to $3,800–$4,800 if ETH breaks above a rising wedge pattern.A short-term pullback may occur...

(CNN)South Korea has “effectively” agreed with the United States on a draft declaring the end of the Korean War, according to South Korean Foreign Minister Chung Eui-yong, as reported by South Korea’s Yonhap News Agency on Wednesday.

Speaking at a news conference, Chung said US Secretary of State Antony Blinken had reaffirmed the progress, saying that both sides have “effectively reached an agreement” on the draft.

A US State Department spokesperson said the US has “no hostile intent” toward North Korea and is prepared to meet “without preconditions.”

    US and South Korea to develop new war plan to address North Korean military advancements

    “We hope the DPRK (Democratic People’s Republic of Korea) will respond positively to our outreach. We continue to consult closely with the Republic of Korea, Japan, and other allies and partners about how to best engage the DPRK,” the spokesperson said.

      The draft aims to end the Korean War, which broke out on June 25, 1950, when North Korean forces stormed across the 38th parallel dividing North and South Korea.

        The United States supplied about 90% of the troops who were sent to aid South Korea, spending around $67 billion on the war.

          An armistice signed on July 27, 1953, stopped the conflict, but the war never officially ended because there was no peace treaty.

            In September, North Korean Vice Minister Ri Thae Song said South Korea’s call to declare an end to the Korean War is “premature” due to “US hostile policy” toward Pyongyang.

            More articles

            Latest article

            White House claims 'substantial progress' on China trade deal

            Although the White House claimed progress was made, no official details on a deal were announced, casting doubts on the purported agreement. The...

            Microsoft and OpenAI renegotiate investment deal: Report

            News of the deal follows restructuring plans from OpenAI to focus on a public benefit corporation controlled by a non-profit organization. Tech company...

            Ethereum chart pattern supports 'moon shot' rally to new price highs if confirmed — Trader

            Key Takeaways:Veteran trader Peter Brandt suggests a potential Ethereum rally to $3,800–$4,800 if ETH breaks above a rising wedge pattern.A short-term pullback may occur...

            Bitcoin price inches closer to new all-time high as ETH, DOGE, PEPE and ATOM rally

            Key points:Bitcoin holds on to its recent gains, increasing the possibility of a retest of the all-time high at $109,588.BlackRock’s spot Bitcoin ETF records...