SEOUL: North and South Korea agreed on Friday to hold rare talks next week, aimed at setting up a high-level dialogue that might provide the foundation for a sustainable improvement in cross-border ties.

The talks, to be held on November 26 in the border truce village of Panmunjom, will be the first inter-governmental interaction since officials met there in August to defuse a crisis that had pushed both sides to the brink of an armed conflict.

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