Deal comes after Pyongyang expressed regret over landmine incident and Seoul agreed to stop broadcasting propaganda.
The deal comes after North Korea expressed regret over a landmine incident that wounded two South Korean soldiers this month, the two sides said in a joint statement issued on Tuesday.
In return, South Korea will stop anti-North propaganda broadcasts at noon on Wednesday, the statement said.
The two countries also agreed to work towards a resumption next month of reunions for families separated by the 1950-53 Korean War, National Security Adviser Kim Kwan-Jin, the South's lead negotiator, told reporters.
The negotiations in the border truce village of Panmunjom had played out against a dangerous military stand-off, which triggered a rare artillery exchange over the border last week.
North Korean leader Kim Jong-Un order his frontline troops onto a war-footing on Friday while Seoul warned that it would "retaliate harshly" to any acts of aggression.
The talks had begun early on Saturday evening, shortly after the passing of a North Korean deadline for Seoul to halt its propaganda broadcasts or face military action.
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