UNITED NATIONS — The opportunity for the political settlement of the Korean Peninsula issue must not be missed again, State Councilor and Foreign Minister Wang Yi said on Sept 27.

The Democratic People's Republic of Korea (DPRK) has demonstrated a readiness to promote dialogue, Wang said at the General Debate of the 74th session of the United Nations General Assembly.

It is hoped that the United States can meet the DPRK halfway, he said.

The Chinese top diplomat noted that it is necessary for the Security Council to consider, in light of new developments on the peninsula, invoking the rollback terms of the DPRK-related resolutions in order to bolster the political settlement of the Korean Peninsula issue.

The zigzag course over the past 20 years or so shows time and again that the realistic and viable way forward is to promote parallel progress in denuclearization and the establishment of a peace mechanism and to accommodate the concerns of all sides and gradually build trust through phased and synchronized actions, he added.