The Joe Biden administration has completed its North Korea policy review and is open to pursuing dialogue with the hermit kingdom, the White House said on Friday.

While the Biden administration remains committed to the complete denuclearization of the Korean Peninsula, Psaki said the US would not be seeking to achieve "a grand bargain" with Pyongyang.

"I can confirm that we've completed our policy review, which was thorough, rigorous and inclusive. We consulted closely with outside experts and our predecessors from several previous administrations, and our way forward draws from their lessons learned and shared," spokeswoman Jen Psaki told reporters aboard Air Force One.

"Nor will it rely on strategic patience. Our policy calls for a calibrated, practical approach that is open to and will explore diplomacy with the DPRK, and to make practical progress that increases the security of the United States, our allies and deployed forces," she said.

President Joe Biden last month told reporters that North Korea ranked the top foreign policy issue for his administration. The White House said the Biden administration had reached out to Pyongyang through several channels but had not yet received any response.

Denuclearization talks between Pyongyang and Washington have been stalled since the summit talks between top North Korea leader Kim Jong Un and former US President Donald Trump ended without agreement in February 2019 at the Vietnamese capital of Hanoi.

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