The foreign ministers of South Korea and the U.S. held emergency phone talks Wednesday after North Korea's abrupt cancellation of high-level talks with Seoul. 

According to South Korea's Foreign Ministry, Minister Kang Kyung-wha and U.S. Secretary of State Mike Pompeo exchanged views on issues of mutual concern, including the North's surprise announcement to cancel the inter-Korean talks.

Minister Kang stressed that Seoul maintains the resolve to fully implement the Panmunjeom Declaration made at the inter-Korean summit on April 27th, adding Seoul will urge Pyongyang to soon engage in talks for peace and prosperity on the Korean Peninsula. 

Pompeo said Washington will continue to prepare for the upcoming summit between President Donald Trump and the North's leader Kim Jong-un in Singapore on June 12th, while "paying heed" to Pyongyang's latest decision.

The top diplomats then agreed to continue close cooperation to achieve the complete denuclearization and establishment of peace on the Korean Peninsula through the Singapore summit, based on what was agreed at the inter-Korean summit last month.