Korean War agreement, signed on 27 July 1953, a Neutral Nations Repatriation Commission, under the chairman Indian General K. S. Thimayya, was set up to handle the matter. In 1952, the United States elected a new president, and on 29 November 1952, the president-elect, Dwight D. Eisenhower, went to Korea to learn what might end the Korean War. With the United Nations' acceptance of India's proposed Korean War armistice, the KPA, the PVA, and the UN Command ceased fire with the battle line approximately at the 38th parallel. Upon agreeing to the armistice, the belligerents established the Korean Demilitarized Zone (DMZ), which
Aftermath of the Korean War SEATO (1954). However, because of the war, the authority of the Soviet State grew, which showed in its readiness to interfere in developing countries of the Third World, many of which after the Korean war went down the socialist path of development, after selecting the Soviet Union as their patron. It is generally assumed that the war was a heavy burden on the national economy of the Soviet Union, which was still suffering from the effects of World War II. Expenditures for defense certainly grew more sharply than they otherwise would have. However, it has been claimed that in fact