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North Korea is annulling non-aggression deals with South Korea, the Committee for the Peaceful Reunification of Korea said in a statement, according to the state Korean Central News Agency (KCNA). The United Nations Security Council (UNSC) unanimously adopted a resolution on Thursday outlining new sanctions against North Korea in the wake of its recent nuclear test. Large-scale South Korean-US military exercises Key Resolve and Foal Eagle, held in March, are believed to be the direct motive for the statement. The Committee, which plays the role of the North's state agency for relations with the South, also said a joint statement on denuclearization of the Korean Peninsula would no longer be in effect, and added that the hotline between the North and the South would be cut off. The fourth set of UN sanctions is aimed at curbing the activities of North Korean banks suspected of funneling money to the communist regime's nuclear and missile programs. The resolution incl...