South Korea said the move "will contribute substantially to the alleviation of military tensions and the building of trust between the two Koreas."
Pyongyang said it would "protect the independent and creative life of the popular masses and make selfless, devoted efforts for them."
Frustrated Palestinians are pushing with new idealism for an Israeli-Palestinian state. How to get there is becoming the key issue of their generation.
"A new era of peace and friendship has been opened," an agreement read.
KCNA Watch has registered the lowest levels on its Threat Index since North Korean supreme leader Kim Jong Un came to power in 2011.
This year North Korea recognizes July Fourth differently.
Previous agreements have failed to bring permanent peace in the world's youngest country.
This year's Day of Struggle Against U.S. Imperialism and Day of Victory in the Great Fatherland Liberation War may be unusually quiet in the hermit kingdom.
Trump said his relationship with North Korea "is very good" and that he expects "a total denuclearization, which is already starting to take place."
With no official peace treaty and a heavily fortified border between them, the Koreas are still very much living the Cold War.
Trump made a major concession to North Korea.
North Korea warned that "dialogue and saber rattling can never go together" as President Donald Trump receives South Korean President Moon Jae-in.
North Korea is growing increasingly wary of the U.S.'s intentions ahead of a historic meeting between Kim Jong Un and Donald Trump.
Palestinians will mark Nakba Day today, following the violence that left 58 demonstrators dead on Monday.
Nuclear weapons are not a force for good in the "right" hands. These are indiscriminate weapons of mass destruction, created to murder civilians.
"The one who must leave is the U.S., not the Islamic Republic. We are from this region: the Persian Gulf is our home; West Asia is our home," Khamenei said.
Ahead of a possible meeting with Donald Trump, North Korean supreme leader Kim Jong Un said he no longer needs to test nuclear weapons and ballistic missiles.
In contrast to the allegedly scaled-down U.S. and South Korean drills, experts have commented on the unusually large formation of Chinese warships heading to the South China Sea.
New satellite imagery shows a significant slowdown in activity at North Korea's Punggye-ri nuclear test site, just as Kim Jong Un reached out to Trump.
Russia's top general discussed leading issues with his U.S. counterpart and the NATO commander as Trump defended Putin on Twitter.