Seoul: South Korean President Lee Jae-myung on Thursday vowed to "stop the exhausting hostilities" with North Korea and resume inter-Korean dialogue and collaboration, the Seoul-based Yonhap News Agency reported.

According to Anadolu Agency, President Lee emphasized the need to swiftly restore a crisis management system to prevent accidental clashes and avoid escalating tensions. He expressed his commitment to making efforts to quickly restore the suspended inter-Korean communication channels.

"I will make every effort to promote peace, coexistence, and prosperity on the Korean Peninsula," the president stated. His remarks were delivered through a speech by Woo Sang-ho, the presidential secretary for political affairs.

The president's comments followed North Korea's cessation of its loudspeaker broadcasts along the border with South Korea late Wednesday, a day after Seoul ended its own anti-Pyongyang campaign. This development was reported by Yonhap News Agency.

The agency quoted Col. Lee Sung-jun, spokesperson for the Joint Chiefs of Staff, as saying, "There are no areas where such broadcasts are being detected." He confirmed that the broadcasts ceased late Wednesday and were not observed in the early hours or morning.

The military continues to monitor North Korea's activities near the border, Col. Lee added.

The decision to end South Korea's year-long loudspeaker campaign was made by newly elected President Lee Jae-myung, who assumed office on Wednesday. He called for steps to reduce tensions and rebuild trust between the two Koreas.

Pyongyang has not yet confirmed the cessation of its broadcasts, which South Korean officials last detected late Wednesday night.

The rival loudspeaker campaigns, often used to disseminate propaganda, have long been a source of friction along the demilitarized zone separating the two countries.