"I was instructed to open the Panmunjom [the shared border village] contact channel between North and South at 15:00 [3:30 p.m. in Seoul, 6:30 GMT] in order to settle issues related to hosting the PyeongChang Olympic Games, including sending [North Korea's] delegation to the Games," Ri said.
The officials added that Pyongyang would closely work with Seoul on practical issues related to sending the country's delegation to the upcoming sports event, based upon the leadership's stance, and expressed the hope that the Olympics would be successful.
"We sincerely wish once again that the PyeongChang Olympic Games will be held successfully," Ri said.
Cheong Wa Dae, South Korea's presidential office welcomed the announcement.
"I believe it signals a move toward an environment where communication will be possible at all times," Yoon Young-chan, the chief presidential spokesman, told reporters, as quoted by the news agency.
Pyongyang's statement came a day after Seoul proposed high-level discussions with the DPRK, following Kim's New Year's address in which he had stressed he was willing to launch a dialogue with South Korea.
"North Korea can talk to anyone they want, but the United States is not going to recognize it or acknowledge it until they agree to ban the nuclear weapons that they have," Haley said.
North Korean leader Kim Jong-un said in his New Year’s Day address that Pyongyang was ready to send its athletes to the 2018 Winter Olympics in Pyeongchang, South Korea, and expressed readiness to start talks with Seoul on the issue.
Seoul, in turn, has proposed holding high-level talks on January 9 in Panmunjom Village in the demilitarized zone between North Korea and South Korea.
The 2018 Winter Olympic Games will take place in Pyeongchang and two nearby cities, Gangneung and Jeongseon, in South Korea from February 9 to February 25. The South Korean resort city is located just 80 kilometers (50 miles) from the border with North Korea.