State Department spokeswoman Victoria Nuland characterized North Korea's statement on pulling out of the Korean War armistice as dangerous rhetoric, and not action. She called the statement concerning but said its impact was unclear. She claimed the one-sided declaration was insufficient. Unilateral abrogation or termination of the armistice agreement is not allowed under its regulations or according to international law. The armistice is an agreement signed by UNC Commander, North Korean General, representing the North Korean People's Army and the Chinese People's Volunteer Army in July 27, 1953. The agreement was designed to insure a complete cessation of hostilities and of all acts of armed forces in Korea until a final peaceful settlement is achieved. However, the armistice agreement has been adopted by the UN General Assembly, and could not be unilaterally dissolved by either North Korea or South Korea. If North Korea wants to nullify the armistice and start a war, they must pay the price.