DPRK proposes peace treaty with South 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.

The DPRK authorities have stated that in the event of military provocations they will reply by implementing the "laws of war."

The North Korean leadership has also closed the joint Korean Kaesong industrial zone, which had employed some 900 South Korean and 53,000 North Koreans.

Voice of Russia, RIA