North Korean leader Kim welcomes the South’s Moon (photo credit: AFP)

North Korea has suspended its high-level talks with the South billed for Wednesday due to U.S.-South Korean military exercises.

It was also learned that this could affect next month’s summit between Pyongyang’s leader, Kim Jong-un and U.S. President Donald Trump.

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“This exercise, targeting us, which is being carried out across South Korea, is a flagrant challenge to the Panmunjom Declaration and an intentional military provocation running counter to the positive political development on the Korean Peninsula,” South Korea’s Yonhap quoted KCNA as saying.

“The U.S. will also have to undertake careful deliberations about the fate of the planned North Korea-U.S. summit in light of this provocative military ruckus jointly conducted with the South Korean authorities.”

KCNA called the U.S.-South Korean “Max Thunder” air combat drills, which it said involved U.S. stealth fighters and B-52 bombers, a “provocation” and said Pyongyang had no choice but to suspend the talks.