South Korea's unification ministry and sports and tourism ministry, however, both said they have no knowledge of the matter.
This offer comes on the heels of a landmark deal between the warring nations that allows North Korea to send a delegation of athletes, fans, and high-ranking government officials to the South for the upcoming Olympics in Pyeongchang.
Before the meeting, South Korea has proposed working-level talks with North Korea on Monday at the truce village of Panmunjeom.
Chopper with five ONGC employees goes missing
It was reportedly 30 nautical miles off the western coast before going off-radar. No contact could be established with the pilots after 10.30 am.
With the 2018 Olympics in Pyeongchang less than a month away, South Korea continues to offer olive branches to their northern neighbors.
The North also said it will later propose dates for working-level talks on the North's participation in the PyeongChang Olympics, the ministry said.
It would be chaired by International Olympic Committee President Thomas Bach at the IOC headquarters in Lausanne, Switzerland, on January 20, it was announced on Wednesday. Cross-country skiers and speed skaters are understood to be among those who could benefit.
It would not be the first time the two Koreas have fielded joint teams. The Winter Olympics will run from February 9-25 at PyeongChang, kicking off the so-called Asian Olympic Era as they will be followed by the Tokyo 2020 Summer Games and the Beijing Winter Olympics in 2022.
The women's ice hockey teams in the North and South aren't unfamiliar with each other.