North and South Korea agreed on Friday to hold their first official talks in more than two years, hours after Seoul and Washington delayed joint military exercises which always infuriate Pyongyang until after the Winter Olympics. The meeting will take place on January 9 in Panmunjom, the truce village in the heavily fortified Demilitarized Zone that divides the peninsula. The last time the two Koreas engaged in official talks was in December 2015. Tensions have been high after the North carried out multiple missile launches in 2017, including a number of ICBMs, and its sixth atomic test, by far its most powerful to date. The tentative rapprochement comes after the Norths leader Kim Jong-Un warned in his New Year speech that he had a nuclear button on his desk, but at the same time offered Seoul an olive branch, saying Pyongyang could send a team to next months Winter Olympics in the South. Seoul responded with an offer of talks and earlier this week the hotline between them was restored after being suspended for almost two years. Late Thursday, the Souths President Moon Jae-In and his US counterpart Donald Trump agreed to delay the giant Foal Eagle and Key Resolve joint military drills until after the Winter Olympics, which begin in Pyeongchang on February 9. That announcement came hours after Trump said high-level talks between North and South would be "a good thing.” Seouls unification ministry said it had received a fax from Ri Son-Gwon, head of the Norths Committee for Peaceful Reunification of Korea, a state agency handling inter-Korean affairs, saying: "We will come to the Peace House at Panmunjom on January 9." The Peace House is a South Korean-built building on the southern side of Panmunjom, where troops from the two sides face off against each other across a concrete dividing line. Ministry spokesman Baek Tae-Hyun told journalists that the agenda would include the Pyeongchang Olympics "and the issue of improving inter-Korean relations".