"In coordination with our ROK partners, we will continue with our current military posture until we receive updated guidance from the Department of Defense (DoD) and/or Indo-Pacific Command (INDOPACOM)", the statement added.
Donald Trump and Kim Jong-un have sat down for unprecedented talks between the leaders of two long-hostile nations, as the world watches anxiously for signs of a peace deal and an agreement on the denuclearisation of the Korean peninsula.
He called them "expensive" and "provocative", using terms usually employed by the North Koreans in criticizing the drills.
President Donald Trump's decision to suspend military exercises with South Korea puts a key pillar of the seven-decade-old defense relationship between the countries on hold and fulfills a longstanding desire by both North Korea and China to undermine the USA military role in the region.
Still, he credited the summit for starting a diplomatic process between North Korea and the United States.
"The greatest achievement of the summit was that Trump's comments show his confidence in resolving any issues [with Kim]", Nam said in a brief meeting with a small group of reporters in Singapore. -South Korean calendar - Ulchi Freedom Guardian - is scheduled for late August. "It is a list of aspirational goals", said Evans Revere, a former United States negotiator with North Korea.
But others point out that there would be little good to come from the USA president publicly bashing Kim while attempting diplomacy, and suggest that this is Trump's way of buttering up the brutal dictator.
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As an analyst for CNN, Hayden is a frequent on-air critic of Trump, and the author of the book that is equally critical of the USA president: "The Assault on Intelligence: American National Security in an Age of Lies".
Foreign Ministry spokesman Bahram Ghasemi said that North Korea should approach the summit with "awareness".
"We had a historic meeting and made a decision to leave the past behind", said Kim afteward. China and Russian Federation have urged the U.S.to freeze its military drills in exchange for a move by North Korea to halt its ballistic missile and nuclear tests. North Korea also insists that the USA troop presence in the South, as well as its nuclear "umbrella" over allies Seoul and Tokyo, are part of America's "hostile" policy toward the North.
In response to Trump's suggestion that an agreement to formally end the Korean War might take place soon, Nam said the Moon administration would not hasten the process and that there was "no timeframe" set for the process.
House Speaker Paul Ryan (R-Wis.) echoed the belief that "as negotiations now advance, there is only one acceptable final outcome: complete, verifiable, irreversible denuclearization". I figured Trump [would] at least get some missiles or a site closure or something concrete.
The U.S. has some 28,500 servicemembers in South Korea as part of the longstanding alliance between the two countries that fought together in the 1950-53 war. Outside analysts believe the North objects to the drills because it must spend precious resources on its own war games and troop movements.