DPRK proposes peace treaty with South Korea

orth Korea has proposed to South Korea to sign a peace treaty to replace the existing armistice agreement concluded after the end of the Korean War which lasted from 1950 to 1953, reports the Rodong Sinmun news, which is the official newspaper of the ruling Party of Korea.

"There is an urgent need to replace the armistice agreement, which is a relic of the war, with a permanent state of peace,” reports the RIA Novosti quoting sources at the publication.

The article notes that the state of a temporary truce on the Korean peninsula is only beneficial to the United States, who are trying to "stifle the DPRK."

"If the peace treaty had been signed in the past, there would not be such an acute problem of denuclearization on the Korean Peninsula," read a statement.

The DPRK has recently announced that it will not give up its nuclear capability "in the face of constant nuclear threats from the United States."

The situation on the Korean peninsula escalated in March this year after the start of large-scale military exercises, conducted by the U.S. and South Korea on the Korean peninsula.