Based on four-particle GHZ states, the double CNOT operation and the delayed measurement technique, a two-party quantum key agreement (QKA) protocols is proposed. The double CNOT operation makes each four-particle GHZ state collapse into two independent quantum states without any entanglement. Furthermore, one party can directly know the two quantum states and the other party can be aware of the two quantum states by using the corresponding measurement. According to the initial states of the two quantum states, two parties can extract the secret keys of each other by using the publicly announced value or by performing the delayed measurement, respectively. Then the protocol achieves the fair establishment of a shared key. The security analysis shows that the new protocol can resist against participant attacks, the Trojan horse attacks and other outsider attacks. Furthermore, the new protocol also has no information leakage problem and has high qubit efficiency.
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