South Korean President Moon Jae-in credited U.S. President Donald Trump on Wednesday for helping to spark the first inter-Korean talks in more than two years, and warned that Pyongyang would face stronger sanctions if provocations continued.
The talks were held on Tuesday on the South Korean side of the demilitarized zone, which has divided the two Koreas since 1953, after a prolonged period of tension on the Korean peninsula over the North's missile and nuclear programs.
North Korea ramped up its missile launches last year and also conducted its sixth and most powerful nuclear test, resulting in some of the strongest international sanctions yet.
The latest sanctions sought to drastically cut the North's access to refined petroleum imports and earnings from workers abroad. Pyongyang called the steps an "act of war".
Seoul and Pyongyang agreed at Tuesday's talks, the first since December 2015, to resolve all problems between them through dialogue and also to revive military consultations so that accidental conflict could be averted.
"I think President Trump deserves big credit for bringing about the inter-Korean talks, I want to show my gratitude," Moon told reporters at his New Year's news conference. "It could be a resulting work of the U.S.-led sanctions and pressure."
Trump and North Korean leader Kim Jong Un exchanged threats and insults over the past year, raising fears of a new war on the peninsula. South Korea and the United States are technically still at war with the North after the 1950-53 Korean conflict ended with a truce, not a peace treaty.