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North Korea has accepted South Korea's proposal for official talks, in what will be the first high-level contact to take place between the two countries in more than two years, CNN reported.

South Korean Unification Ministry spokesman Baik Tae-hyun told reporters Friday North Korea informed its southern neighbor by fax that they have accepted the South's offer to initiate talks.

According to the source, the person-to-person talks will be held January 9th -- one day after North Korean leader Kim Jong Un's birthday -- at the Peace House, located on the South Korean side of the so-called truce village of Panmunjom, located in the Demilitarized Zone (DMZ) between the two nations, Baik said.

The spokesman said the two sides agreed to work on the details of the talks "through the exchange of documents," and added the agenda items of the talks will be "issues related to improving inter-Korean relationships including the Pyeongchang (Winter) Olympic Games."

It is reminded that, the last high level inter-Korea talks were a deputy ministerial meeting between South and North Korea that took place in December 2015, at the jointly-run Kaesong industrial zone in North Korea.