In a seemingly Oval Office-esque setting, North Korean leader Kim Jong Un on Tuesday delivered a much-anticipated annual New Year's speech, saying his country remained firmly committed to denuclearization and that he was ready to meet again with U.S. President Donald Trump at any time, while also warning that he would seek a new path if the U.S. misjudges his patience and refuses to ease crippling sanctions.

In his speech, broadcast early Tuesday on state-run television, Kim urged the United States to take reciprocal measures in exchange for denuclearization steps the North Korean dictator has claimed his country has taken since last year.

"If the United States does not keep the promise it made in the eyes of the world, and out of miscalculation of our people's patience, it attempts to unilaterally enforce something upon us and persists in imposing sanctions and pressure against our Republic, we may be compelled to find a new way for defending the sovereignty of the country and the supreme interests of the state," Kim said.