SEOUL (Reuters) - North Korea will suspend nuclear and missile tests effective immediately and abolish a nuclear test site in a bid to pursue economic growth and peace on the Korean peninsula, the North’s state media said on Saturday, ahead of planned summits with South Korea and the United States.

North Korea leader Kim Jong Un said his country no longer needed to conduct nuclear tests or intercontinental ballistic missile tests because it has completed its goal of developing nuclear weapons, state media Korean Central News Agency (KCNA) said.