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Talks will be held on the Korean Peninsula for the first time in nearly two-and-a-half years, as both sides seek a deescalation of what appear to be an almost certain path to war just weeks ago.

North Korea’s state-owned KCNA news agency disclosed the proposed talks, and South Korea welcomed the offer—tentatively scheduling the talks for June 12.

The move coincides with Chinese President Xi Jinping’s first meeting with U.S. President Barack Obama, taking place later this week.

Read more at Reuters.com.

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