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South Korea has unveiled new cruise missiles, capable of hitting any target in North Korea, they revealed today.
Seoul's defence ministry said it had completed deploying the missiles, and officials added that the deployment should serve as a 'warning' to North Korea.
China's Foreign Ministry has called for the denuclearisation of the Korean peninsula, after North Korea said it was ready to retaliate in the face of international condemnation over its failed rocket launch.
Foreign Ministry spokesman Liu Weimin made the comments at a regular briefing, adding that all parties should exercise calm and restraint as they work toward a negotiated solution.
Many analysts said there was increasing likelihood that Pyongyang would push ahead with a third nuclear test.
The isolated and impoverished state said it would not allow the inspectors from the International Atomic Energy Agency to enter the country, dashing any hopes that the country's new leader, Kim Jong-un, would seek closer ties with international community.
The US envoy to the United Nations has said that North Korea has previously followed rocket launches with nuclear tests and warned Pyongyang that exploding another atomic device would be catastrophic for the impoverished country.
US Ambassador Susan Rice said :
North Korea followed its 2006 and 2009 missile launches with nuclear tests, prompting the 15-nation Security Council to impose sanctions on Pyongyang.
The U.N. Security Council has strongly condemned North Korea's recent failed rocket launch as a violation of council resolutions and warned it would take further action in the event of a new missile launch or nuclear test.
North Korea admitted its long-range rocket failed to deliver a satellite into orbit on Friday while U.S. and South Korean officials said it crashed into the sea a few minutes after launch.
U.S. President Barack Obama said that the United States would work with the international community to further isolate North Korea.
Obama said in an interview with Telemundo:
Susan Rice, U.S. Ambassador to the United Nations, says the Security Council have denounced North Korea's failed rocket launch as 'deplorable,' but that it would continue talks on an appropriate response to the actions of the hermit state.
The U.S. will not go forward with planned food aid to North Korea, the White House has confirmed, after the impoverished nation unsuccessful bid to launch a long-range missile which Washington had warned would have consequences.
"We are not going forward with an agreement to provide them with any assistance," White House National Security Council spokesman Ben Rhodes.
The White House has also said that further provocative actions will lead to the U.S. examining other sanctions.
North Korean state TV aired footage showing the unveiling of statues dedicated to the former North Korean leaders. The huge bronze statues depict Kim Il Sung, the founder of North Korea and a new statue of Kim Jong Un's father.
Latest ITV News reports
North Korea's celebrations was an attempt to show that the country will continue to demonstrate their power on a global platform.
North Korea's rocket splintered and crashed into the sea minutes after it was launched, South Korea's Defence Ministry said.