Seoul and Pyongyang agreed to suspend army training exercises near the inter-Korean border and "withdraw all guard posts" in the demilitarized zone (DMZ), in a broad military agreement signed on Wednesday.

The so-called “Agreement on the Implementation of the Historic Panmunjom Declaration in the Military Domain” was signed by Minister of National Defense Song Young-moo and North Korean Minister of the People’s Armed Forces No Kwang Chol in Pyongyang.