News Summary: Koreas agree to hold talks

Koreas agree to hold talks on reopening jointly run complex after months of sinking relations

Associated Press

TALKS: North and South Korea agreed to hold talks on reopening a jointly run factory complex and other cross-border issues, after months of deteriorating relations and a day before a U.S.-China summit.

COOL-OFF: That may represent a change in North Korea's outlook, or could simply be an effort to ease international demands that it end its development of nuclear weapons. Pyongyang has repeatedly undertaken provocative acts since April 2012.

NEIGHBORLY ADVICE: North Korea relies heavily on China, which like the U.S. wants North Korea to give up its nuclear ambitions. Under American urging, Beijing has tightened inspections on cross-border trade, and its state banks have halted business with North Korea's Foreign Trade Bank.

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