Koreas will meet for talks next week in small breakthrough

Trump would 'absolutely' speak to Kim Jong Un on the phone

"What he has basically said is, 'Yes, there could be a time where we talk to North Korea but a lot of things have to happen before that actually takes place.' They have to stop testing".

North Korean leader Kim Jong-Un said in a new year speech that his country wished success for the Olympics, to be held from 9-25 February, and would consider sending a delegation.

"I think the Trump administration might be interested in talks with North Korea to see if they are honest about denuclearization", said Shin Beom-chul, a professor at the Korea National Diplomatic Academy in Seoul.

He said the USA would get involved "at the appropriate time".

North Korea has come under increasing worldwide pressure in the past year over its nuclear weapons programme and repeated testing of conventional missiles.

A North Korea expert, Yang Mu-jin, a professor at the University of North Korean Studies in Seoul, said Friday that the breakthrough could give both sides the chance to discuss security issues, "make claims and listen to the other". If I weren't involved they wouldn't be talking about Olympics right now.

China's Commerce Ministry said it would limit exports of crude oil, refined oil products, steel and other metals to North Korea, in line with tough new sanctions imposed by the United Nations.

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Seoul agreed to send a five-member delegation to the truce village of Panmunjom, just north of the two foes' de facto border.

"He understands that", Trump added, further explaining, "If something can come out of those talks, that would be a great thing for all of humanity, that would be a great thing for the world".

Pyongyang past year carried out its sixth and most powerful nuclear test and test-launched three intercontinental ballistic missiles, as it attempts to develop nuclear missiles that are capable of striking the United States mainland.

North Korea's official news agency has urged practical action in order to improve ties between the two Koreas in an editorial on Sunday, ahead of the first meeting between the two countries in more than two years.

A State Department spokeswoman also warned that Pyongyang's olive branch may be an attempt to "drive a wedge of some sort" between Washington and Seoul.

Last year saw fears of conflict spike, with Kim and Trump trading personal insults and threats of war, and the US president responded to Kim's New Year message with a tweet that his nuclear button was "much bigger and more powerful", prompting scorn and alarm from analysts. President Donald Trump quickly responded that he had a bigger and more powerful "nuclear button" of his own. Beijing and Moscow have both called for them to be suspended.

Kentucky Fried Chicken has poked fun at President Donald Trump's Twitter beef with North Korean leader Kim Jong-Un, using similar language to the president's tweeted threat in a conflict with one of its own rivals: McDonald's.

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