South Korea, U.S. Draft Korean War Agreement

South Korea reached a consensus with the United States on the draft for a Korean War peace treaty. The republic’s head diplomat, Chung Eui-yong, announced the agreement Wednesday, which would effectively end the decades-long conflict.

South Korean Foreign Ministry spokesman Choi Young-sam announced that, in a broad sense, his country and its benefactor had a mutual goal in mind.

“South Korea and the U.S. have already reached a defacto agreement on the end of war declaration draft under consensus of its importance,” he announced. “However, we are still in negations...