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☆ Beijing Calls for 'Positive, Objective, Friendly' China Policy From South Korea
▼ + stars: | 2024-02-06 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

BEIJING (Reuters) - China hopes South Korea will pursue a "positive, objective and friendly" policy towards Beijing, foreign minister Wang Yi said in a phone call with his South Korean counterpart on Tuesday. China and South Korea have close economic ties, and should work together to maintain the stability and smooth flow of industrial and supply chains, China's foreign ministry quoted Wang as saying in a statement. During the phone call, South Korean foreign minister Cho Tae-yul asked China to play a "constructive role" in curbing North Korea's military threats, and to help North Korean defectors not to be sent back home against their will, South Korea's foreign ministry said in a statement. Wang has invited Cho to China and both countries would continue to discuss Cho's visit, the ministry said. (Reporting by Ethan Wang, Ella Cao, Ryan Woo and Ju-min Park; Editing by Alison Williams and Stephen Coates)

Persons: Wang Yi, Wang, Cho Tae, yul, Cho, Ethan Wang, Ella Cao, Ryan Woo, Alison Williams, Stephen Coates Organizations: South Korean Locations: BEIJING, China, South Korea, Beijing, North

☆ US, partners target North Korea with sanctions following satellite launch
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +4 min

The list includes senior officials from the National Aerospace Technology Administration, which oversaw the satellite launch, and the munitions industry department. Since the launch of the satellite, North Korea said that its leader, Kim Jong Un, has reviewed spy satellite photos of the White House, Pentagon and U.S. aircraft carriers at the naval base of Norfolk. Kimsuky's hacking operation has been historically focused on South Korea, Japan and the United States. The RGB is a North Korean intelligence agency that is involved in cyber warfare activities, according to analysts, and is under U.S. sanctions. Two Russia-based representatives of North Korean banks and one China-based representative were also hit with sanctions, among others.

Persons: Kim Jong, Brian Nelson, Nelson, Kimsuky, Daphne Psaledakis, David Brunnstrom, Christopher Bing, Hyonhee Shin, Sandra Maler, Gerry Doyle Organizations: Korean Central News Agency, KCNA, REUTERS, U.S . Treasury Department, North, Terrorism, Financial Intelligence, Democratic People's, National Aerospace Technology Administration, United Nations, White House, Pentagon, U.S, North Korea sparred, Security Council, Treasury, Cybersecurity, Infrastructure Agency, Security, U.S . National Security Agency, Korea's, Bureau, UN, Thomson Locations: WASHINGTON, SEOUL, United States, Korea, U.S, Australia, Japan, North Korea, Korean, Republic of Korea, Democratic People's Republic of Korea, South, New York, Norfolk, South Korea, Guam, Italy, Washington, Europe, Russia, North Korean, Iran, China, North, Seoul

☆ Foreign ministers of S.Korea, China, Japan to discuss trilateral summit
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Issei Kato/File Photo Acquire Licensing RightsSEOUL, Nov 24 (Reuters) - The foreign ministers of South Korea, China and Japan will meet for talks in South Korea on Sunday, South Korea's foreign ministry said on Friday, as the three countries seek to hold their first leaders' summit in four years. The meeting of foreign ministers, which will take place in the South Korean port city of Busan, is also the first such meeting since 2019. "The foreign ministers plan to exchange views extensively on the direction of development of trilateral cooperation including preparations for a ninth trilateral summit, and regional and global issues," the South Korean foreign ministry said in a statement. The talks come as South Korea and Japan have seen improving ties and also deepening security cooperation with the United States amid concerns over China's growing regional influence. Beijing has previously warned that U.S. efforts to strengthen ties with South Korea and Japan could increase tension and confrontation in the region.

Persons: Yoon Suk Yeol, Kim Keon, Issei Kato, Hyonhee, Ed Davies, Raju Gopalakrishnan Organizations: Tokyo International, REUTERS, Rights, Sunday, South Korean, South, Thomson Locations: Korean, Tokyo, Japan, Rights SEOUL, South Korea, China, Busan, United States, Beijing, North Korea

☆ South Korea court orders Japan to compensate 'comfort women', reverses earlier ruling
▼ + stars: | 2023-11-23 | by ( Hyonhee Shin | ) www.reuters.com time to read: +3 min

REUTERS/Jason Reed/File Photo Acquire Licensing RightsSEOUL, Nov 23 (Reuters) - A South Korean appellate court on Thursday ordered Japan to compensate a group of 16 women who were forced to work in Japanese wartime brothels, overturning a lower court ruling that dismissed the case and prompting a stern protest from Tokyo. In response to the court's decision, Japanese vice minister for foreign affairs Masataka Okano summoned South Korean ambassador Yun Dukmin to lodge a "strong protest". The Seoul High Court, however, reversed the lower court's decision, recognising the jurisdiction of South Korean courts over the Japanese government as a defendant. In a statement, Japanese Foreign Minister Yoko Kamikawa said the judgment went against international law and agreements between the two countries, calling it "extremely regrettable and absolutely unacceptable." South Korea's foreign ministry said it was looking into details of the latest ruling, without elaborating.

Persons: Jason Reed, Yoon Suk Yeol, Fumio Kishida, Masataka Okano, Yun Dukmin, Yoko Kamikawa, Lee Yong, I'm, 1,294.3500, Hyonhee Shin, Chang, Ran Kim, Makiko Yamazaki, Ed Davies, Simon Cameron, Moore, Sharon Singleton Organizations: REUTERS, Rights, South, Seoul Central, Court, Seoul High Court, Thomson Locations: Sydney, Australia, Korea, Rights SEOUL, Japan, Tokyo, South Korean, Seoul, South, Republic of Korea

☆ Blinken to visit South Korea as North Korea, Russia deepen ties
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +3 min

The Seoul visit comes as the United States and South Korea, along with Japan, have condemned what they say is the supply of arms and military equipment by North Korea to Russia. North Korea is preparing to launch a spy satellite after having failed twice this year to put one in orbit. South Korea's spy agency said last week North Korea was in the final stages of preparations for the launch after apparently receiving technical assistance from Russia. U.S. Secretary of Defense Lloyd Austin is also due to visit South Korea this week on a trip that will include Indonesia and India. In Washington, U.S. and South Korean officials held talks on North Korea's illicit cyber activities that they say fund its unlawful weapons programs, South Korea's foreign ministry said.

Persons: Antony Blinken, Yoko Kamikawa, Toshifumi, military's Vandenberg, Defense Lloyd Austin, Austin, Soo, Choi, Ed Davies, Michael Perry Organizations: Japanese, REUTERS Acquire, Rights, South Korean, SpaceX, U.S, Defense, Blinken, United, Thomson Locations: Tokyo, Japan, Rights SEOUL, Seoul, Russia, Blinken's, Asia, India, Israel, United States, South Korea, North Korea, Washington, North, Ukraine, Pyongyang, Korea, Moscow, Russia's, South, Indonesia, North Korean, Pacific, Washington , U.S, United Nations

☆ North Korea halts nuclear reactor, likely to extract bomb fuel - report
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +3 min

[1/2] A North Korean nuclear plant is seen before demolishing a cooling tower (R) in Yongbyon, in this photo taken June 27, 2008 and released by Kyodo. The operation of the 5 megawatt nuclear reactor at the Yongbyon nuclear complex has been suspended since late September, according to intelligence assessment by U.S. and South Korean authorities, the report said. Reprocessing of spent fuel rods removed from a nuclear reactor is a step taken before plutonium is extracted. The Yongbyon nuclear complex is the North's main source of plutonium that it likely has used to build nuclear weapons. North Korea claims itself a nuclear state but has kept how many nuclear weapons it may have built or deployed a secret.

Persons: Kim Jong Un, Jack Kim, Lincoln Organizations: Kyodo ., Donga Ilbo, Thomson Locations: Korean, Yongbyon, Kyodo . North Korea, SEOUL, North Korea, Korea, Korea's

WASHINGTON/SEOUL, Sept 27 (Reuters) - Private Travis King, the U.S. soldier who ran into North Korea in July, is in U.S. custody and heading home after being expelled by North Korea into China, the United States said on Wednesday. For its part, North Korea appears to have treated his case as one of illegal immigration. North Korea's KCNA state news agency said King told Pyongyang he entered North Korea illegally because he was disillusioned about unequal U.S. Last month, it said that he wanted refuge in North Korea or elsewhere because of maltreatment and racial discrimination within the U.S. army. KING IN 'GOOD HEALTH'The Swedish government, which represents U.S. interests in North Korea because Washington has no diplomatic presence in the country, retrieved King in North Korea and brought him to China.

Persons: Travis King, King, KCNA, Matthew Miller, Nicholas Burns, Miller, Kim Hong, Jonathan Franks, Claudine Gates, Gates, Myron Gates, Fort Sam Houston, Brittney Griner, Hyonhee Shin, hyang Choi, Phil Stewart, Susan Heavey, Trevor Hunnicutt, Doina, Idrees Ali, Daphne Psaledakis Michael Martina, Humeyra Pamuk, David Brunnstrom, Brendan O'Brien, Johan Ahlander, Philippa Fletcher, Sharon Singleton, Bill Berkrot, Don Durfee, Daniel Wallis, William Maclean, Cynthia Osterman Organizations: North, The State Department, ., China . State Department, U.S, Osan Air Force Base, King, REUTERS, United States Army, ABC News, South Korean, Brooke Army Medical Center, Base San, Fort, Russia, Thomson Locations: WASHINGTON, SEOUL, U.S, North Korea, China, United States, Washington, Pyongyang, Swedish, Beijing, Dandong, Shenyang, South Korea, Sweden, Gijungdong, Panmunjom, Texas, Base San Antonio, Seoul, Chicago, Stockholm

☆ US, South Korea, Japan raise concerns over Russia-North Korea military cooperation
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Bing Guan Acquire Licensing RightsSEOUL, Sept 23 (Reuters) - U.S. Secretary of State Antony Blinken and South Korean, Japanese counterparts expressed "serious concern" over the discussion of military cooperation between Russia and North Korea, including possible arms trade, South Korea's Foreign Ministry said on Saturday. Blinken, South Korea's Foreign Minister Park Jin and Japan's Foreign Minister Yoko Kamikawa agreed to respond firmly to any acts that threaten regional security in violation of U.N. Security Council resolution in a brief meeting on Friday, the ministry said in a statement. North Korea's leader Kim Jong Un made a weeklong visit to Russia last week and discussed military cooperation with Russian President Vladimir Putin. U.S. and South Korean officials have expressed concern that the summit was aimed at allowing Russia to acquire ammunition from the North to supplement its dwindling stocks for its war in Ukraine. Reporting by Joyce Lee Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Persons: Antony Blinken, Bing Guan, Park Jin, Yoko Kamikawa, North, Kim Jong Un, Vladimir Putin, Yoon Suk Yeol, Joyce Lee, Shri Navaratnam Organizations: 78th United Nations General Assembly, Lotte, REUTERS, Rights, South Korea's Foreign, Security, South, Thomson Locations: New York City, U.S, Rights SEOUL, South, Russia, North Korea, Ukraine, Seoul

☆ A Korean woman in Japan says she was hospitalized after being served a cup with bleach in it. She's accusing the restaurant of a hate crime.
▼ + stars: | 2023-09-21 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

A Korean woman said she was the victim of a hate crime in a Tokyo restaurant, per local media. She said she was served a cup of water with bleach in it and had to be taken to the hospital. The Korean Embassy has asked local police to investigate the incident, per local reports. The woman, surnamed Kang, told the South Korean broadcaster JTBC that the incident happened at an unnamed high-end restaurant in Tokyo's Ginza district on August 31, according to the English-language South Korean newspaper The Korea Times. "We apologize to the customer who was food poisoned and her family for causing great pain and inconvenience," the restaurant said in a written statement, per the South Korean newspaper JoongAng Daily.

Persons: Kang, JTBC Organizations: Korean Embassy, Service, South, JTBC, Korean, The Korea Times, South Korean, Embassy, United States Institute of Peace, Japan Times Locations: Tokyo, Wall, Silicon, South Korean, Ginza, Japan, South Korea, Korean, Kyoto Prefecture

☆ U.S.-Iran detainee swap deal to go ahead on Monday, says Tehran
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +3 min

A fourth U.S. citizen was also released into house arrest, while a fifth was already under house arrest. As a first step in the deal, Washington waived sanctions to allow the transfer of $6 billion in Iranian funds from South Korea to Qatar. The transfer of Iran's funds has drawn criticism from U.S. Republicans who say President Joe Biden, a Democrat, is in effect paying a ransom for U.S. citizens. Ties between Washington and Tehran have been boiling since Donald Trump, a Republican, pulled the U.S. out of a nuclear deal between Iran and global powers when he was president in 2018. Reaching another nuclear deal has gained little traction since then, as Biden prepares for the 2024 U.S. election.

Persons: Dado Ruvic, Nasser Kanaani, Morad Tahbaz, Mehrdad Moin, Ansari, Kambiz Attar, Kashani, Reza Sarhangpour, Amin Hassanzadeh, Afrasiabi, Joe Biden, Donald Trump, Biden, Elwely Elwelly, Hyonshee, Edmund Blair, Stephen Coates, Andrew Cawthorne Organizations: Iranian, REUTERS, Rights, Iran's Foreign Ministry, Reuters, Gulf . South Korea's Foreign, U.S, Republicans, Democrat, Republican, Thomson Locations: U.S, Rights DUBAI, Tehran, United States, Qatar, South Korea, Iran, Doha, Washington, Gulf . South, Emad Sharqi, British, Dubai, Seoul

☆ North Korea's Kim appears to have departed for Russia for summit with Putin -YTN
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +1 min

FILE PHOTO: Russian President Vladimir Putin and North Korea's leader Kim Jong Un pose for a photo during their meeting in Vladivostok, Russia, April 25, 2019. Alexander Zemlianichenko/Pool via REUTERS/File Photo Acquire Licensing RightsSEOUL, Sept 11 (Reuters) - North Korean leader Kim Jong Un appears to have departed for Russia for a summit with President Vladimir Putin, South Korean broadcaster YTN reported on Monday, citing an unnamed senior government source. Kim appears to be headed to North Korea's northeastern border on a special train, with the summit likely to be held as early as on Tuesday, according to the report. His last trip abroad in 2019 was also to Vladivostok for his first summit with Putin after the collapse of North Korea's nuclear disarmament talks with former U.S. President Donald Trump. Reporting by Soo-hyang Choi, Jack Kim; Editing by Toby Chopra and Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Vladimir Putin, Kim Jong, Alexander Zemlianichenko, YTN, Kim, Putin, Donald Trump, Soo, hyang Choi, Jack Kim, Toby Chopra, Himani Organizations: Rights, National Intelligence Service, U.S, Thomson Locations: Vladivostok, Russia, Rights SEOUL, South Korean, North

☆ South Korea should maintain current monetary, fiscal policies, IMF says
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +2 min

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo Acquire Licensing RightsSEOUL, Sept 6 (Reuters) - South Korea should maintain current, restrictive monetary and fiscal policies as it needs to take steps to return to sustainable finances and address inflation, the International Monetary Fund (IMF) said on Wednesday. Instead of undermining economic growth, the prudent fiscal policy is judged to be instrumental in keeping South Korea's economic fundamentals strong in the medium term, Finger said at a press conference. Finger told reporters the IMF decided not to evaluate South Korea's foreign exchange reserve adequacy based on its Assessing Reserve Adequacy (ARA) metrics from July. The measure is mostly for emerging economies, and given its economic characteristics, it is more appropriate to assess South Korea's on a scenario basis, Finger said.

Persons: Yuri Gripas, Harald Finger, Finger, China's, Cynthia Kim, Jihoon Lee, Jacqueline Wong, Christopher Cushing Organizations: Monetary Fund, REUTERS, Rights, International Monetary Fund, South Korean, Bank of Korea, IMF, Thomson Locations: Washington , U.S, Rights SEOUL, South Korea, Korea

☆ South Korea asks China to play 'constructive role' against North's threats
▼ + stars: | 2023-07-14 | by ( ) www.reuters.com time to read: +2 min

It is a common interest of Seoul and Beijing for North Korea to stop provocations and return to dialogue, his office said. Relations between South Korea and China have also worsened since China's ambassador last month warned South Korea against making a wrong bet when it comes to Sino-U.S. rivalry. South Korean President Yoon Suk Yeol had already angered China in April by saying the Taiwan issue was not merely an issue between China and democratically governed Taiwan, but a "global" issue similar to North Korea. "It is hoped that the South Korean side will abide by the one-China principle and handle it prudently and properly." China is willing to work with South Korea on rebuilding mutual trust and pushing their strategic partnership back to a healthy track, Wang said.

Persons: Jin, Wang Yi, Yoon Suk Yeol, Wang, Soo, hyang Choi, Ryan Woo, Christina Fincher, Devika Syamnath, Edmund Klamann Organizations: Korea's Foreign, Association of Southeast Asian Nations, United Nations Security Council, South, ASEAN, Thomson Locations: SEOUL, China, Pyongyang, Jakarta, Seoul, Beijing, North Korea, Russia, Washington, Moscow, emboldening North Korea, South Korea, U.S, Taiwan

☆ IAEA chief in South Korea to allay Fukushima water dump concerns
▼ + stars: | 2023-07-07 | by ( ) www.reuters.com time to read: +2 min

No expert behind the IAEA's Fukushima report disagreed with the content, Grossi told news agency Yonhap on Saturday, hinting at his comment during an interview with Reuters one day earlier. Prior to that, Grossi said during a Friday press conference in Japan that he wanted to also meet with the opposition party in South Korea which has been critical of the discharge plan. South Korea's government said on Friday it respected the IAEA's report and that its own analysis had found the release will not have "any meaningful impact" on its waters. But the plan has stirred anger and concern among South Koreans, prompting some shoppers to buy up sea salt. Despite South Korea's assent for the plan, a ban on food and seafood products from the Fukushima region would remain in place.

Persons: Rafael Grossi, Grossi, Yonhap, Yoo Suk Yeol, Lee Jae, myung, Hyunsu Yim, Richard Chang, Kim Coghill Organizations: United Nations, South, International Atomic Energy Agency, IAEA, Reuters, Opposition Democratic Party, International Tribunal, Thomson Locations: SEOUL, South Korea, Japan, Seoul's, Tokyo, South, Fukushima

☆ South Korea to help Africa cut dependence on rice imports - minister
▼ + stars: | 2023-07-06 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +2 min

SEOUL, July 6 (Reuters) - South Korea is set to sign an agreement next week with eight African nations to help boost rice production and cut their dependence on imports, Agriculture Minister Chung Hwang-keun told Reuters, amid concerns over food security on the continent. The minister said during several visits to Africa starting late last year officials told him they desperately needed help. Rice prices had almost doubled due to supply chain disruptions," Chung said, noting how food imports had squeezed the countries' foreign exchange reserves. South Korea has been able to produce enough rice to meet more than 90% of local demand, though still depends heavily on some other food imports. "The K-Rice project will bring outstanding rice varieties and hope to the small farmers in Africa suffering from the climate crisis," Marian Sunhee Yun, the director of WFP Korea Office, said.

Persons: Chung Hwang, keun, Yoon Suk Yeol, Chung, Rice, Yoon Suk, Marian Sunhee Yun, 1,302.3500, Soo, hyang Choi, Ed Davies, Sonali Paul Organizations: Agriculture, Reuters, Economic, West African States, United Nations, Food, WFP Korea Office, Thomson Locations: SEOUL, South Korea, Ghana, Guinea, Bissau, Gambia, Senegal, Cameroon, Uganda, Kenya, Africa, West Africa, Seoul

☆ Blinken supports efforts toward "mature" China-South Korea ties - S.Korea ministry
▼ + stars: | 2023-06-17 | by ( ) www.reuters.com time to read: +1 min

SEOUL, June 17 (Reuters) - U.S. Secretary of State Antony Blinken said he supports South Korea's efforts to develop a "healthy and mature" cooperative relationship with China, South Korea's foreign ministry said on Saturday. Blinken, who arrives in Beijing on Sunday for the highest-level visit by an official of President Joe Biden's administration, discussed bilateral relations, relations between China and South Korea, and North Korea in a call with South Korean Foreign Minister Park Jin on Saturday, the ministry said in a statement. Blinken and Park strongly condemned what they consider North Korea's repeated provocations, the ministry said, and agreed the U.S., South Korea and Japan should continue to urge China to play a constructive role in the U.N. Security Council on denuclearisation. Blinken said on Friday the trip was aimed at establishing "open and empowered" communications. Reporting by Joyce Lee; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Antony Blinken, Blinken, Joe Biden's, Jin, Joyce Lee, William Mallard Organizations: South Korean Foreign, . Security, Thomson Locations: SEOUL, China, South, Beijing, South Korea, North Korea, U.S, Japan, denuclearisation, Washington

☆ South Korean leader criticises China envoy over "inappropriate" remarks
▼ + stars: | 2023-06-13 | by ( Hyonhee Shin | ) www.reuters.com time to read: +3 min

SEOUL, June 13 (Reuters) - South Korea's president stepped up criticism of China's ambassador on Tuesday, saying the envoy had been disrespectful in suggesting South Korea had made the wrong choice by siding with the United States against China. South Korea's foreign ministry summoned Xing on Friday to issue a protest and express "strong regret" over comments that the ministry said were "provocative" and a possible interference in internal affairs. South Korea has been a staunch U.S. ally for decades and is host to nearly some 28,000 U.S. troops but it has developed extensive economic ties with China in recent years. Its foreign ministry called in South Korea's ambassador on Saturday to express its "serious concern and dissatisfaction" over Seoul's "improper reaction" to Xing's comment. A Chinese foreign ministry spokesman said challenges in relations with South Korea were "not caused by China".

Persons: Xing Haiming, Xing, Yoon Suk Yeol, Yoon, Kim Seok, Park Jin, Xing's, Park, Hyonhee Shin, hyang Choi, Ed Davies, Robert Birsel Organizations: South, Foreign, Thomson Locations: SEOUL, South Korea, United States, China, U.S, South, North Korea, Korea, South Korea's, Vienna

☆ S.Korea summons Chinese ambassador over reaction to Yoon's Taiwan remarks
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: +2 min

The move came after China and South Korea exchanged harsh words over Yoon's comments in a recent interview with Reuters. "The Taiwan issue is not simply an issue between China and Taiwan but, like the issue of North Korea, it is a global issue." Asked about Yoon's comments, the Chinese foreign ministry denounced Yoon and called on South Korea to "prudently handle matters" related to Taiwan. Hours later, South Korea's foreign ministry hit back and said comments by the Chinese foreign ministry were "unspeakable". A vice foreign minister called in Chinese Ambassador to South Korea Xing Haiming and strongly protested what South Korea called "diplomatic discourtesy", the South Korean foreign ministry said in a statement.

☆ Most Korean plaintiffs in Japan forced-labour cases accept Seoul's compensation plan
▼ + stars: | 2023-04-13 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +2 min

"The bereaved families of 10 victims expressed hope that this issue be promptly resolved, and agreed to accept the compensation under the government plan," the foreign ministry said in a statement. South Korea will continue efforts to seek understanding from the victims and their families, the ministry added. The South Korean proposal has been hailed as "groundbreaking" by U.S. President Joe Biden following a deterioration in Japanese-South Korean relations to the lowest point for decades in the wake of the 2018 rulings. The March announcement was followed by South Korean President Yoon Suk Yeol's visit to Tokyo for a meeting with Japanese Prime Minister Fumio Kishida. The two leaders agreed to put aside their countries' difficult shared history and work together to counter regional security challenges.

Under the plan, South Korea would compensate former forced labourers through an existing public foundation funded by private-sector companies, South Korea's Foreign Minister Park Jin told a briefing. SOUTH KOREAN FUNDSRelations plunged to their lowest point in decades after South Korea's Supreme Court in 2018 ordered Japanese firms to pay reparations to former forced labourers. Overall there are fewer than 1,300 living victims of forced labour in South Korea, according to media estimates. The South Korean companies include KT&G (033780.KS), Korea Electric Power Corp (KEPCO) (015760.KS) and other companies that benefited from a 1965 treaty between South Korea and Japan. Asked whether Japanese companies would pitch in to compensate, Park said both Japanese and South Korean businesses were considering a plan to contribute.

☆ South Korea proposes to compensate victims of Japan's forced labour through its public foundation
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: 1 min

SEOUL, March 6 (Reuters) - South Korea's foreign minister, Park Jin, said on Monday the government plans to compensate victims of Japan's wartime forced labour through its own public foundation, instead of using funds from Japanese companies, in a move aimed at improving soured relations between the two countries. The dispute over colonial-era forced labour has been a source of dispute between the U.S. allies, overshadowing the neighbours' political and trade relations for years. Reporting by Soo-hyang Choi; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

☆ South Korea, Japan near landmark deal on wartime labour dispute - media
▼ + stars: | 2023-03-05 | by ( ) www.reuters.com time to read: +4 min

The labour dispute and one over women forced into Japanese military brothels have bedevilled ties between the two pivotal U.S. allies for years. South Korea's foreign ministry, asked about the reported agreement, said negotiations were ongoing. The row spilled over into a trade dispute. 'VOLUNTARY' FUND, SUMMITSeoul unveiled a plan in January to compensate former forced labourers through a South Korean public foundation. The fund would be jointly formed by the Federation of Korean Industries, South Korea's big business lobby, and its Japanese counterpart, Keidanren, the report said.

☆ Japan eyes easing S.Korea export controls as Seoul seeks to improve ties -media
▼ + stars: | 2023-01-28 | by ( Kantaro Komiya | ) www.reuters.com time to read: +2 min

TOKYO, Jan 28 (Reuters) - Japan is considering relaxing controls on exports to South Korea as its president, Yoon Suk-yeol, seeks to improve ties amid a strained East Asian security environment, the Sankei newspaper reported on Saturday. Japan's foreign ministry and trade ministry officials were not immediately available for comment on the report when Reuters contacted them outside regular business hours. "Given the growing need to promote cooperation among countries sharing universal values at a time when the importance of economic security is increasing, we hope that Japan will judge wisely," the South Korean ministry said. Their diplomatic officials are due to meet on Monday in the South Korean capital, Seoul, as they near a conclusion of a plan for the resolving their dispute, Jiji news reported on Friday. Reporting by Kantaro Komiya; Additional reporting by Joyce Lee in Seoul; Editing by William Mallard, Robert BirselOur Standards: The Thomson Reuters Trust Principles.

☆ South Korea, Iran summon each other's envoys as spat over Yoon remarks deepens
▼ + stars: | 2023-01-19 | by ( Hyonhee Shin | ) www.reuters.com time to read: +3 min

SEOUL, Jan 19 (Reuters) - Iran and South Korea summoned each other's envoys in a deepening spat over comments by South Korean President Yoon Suk-yeol that described the Islamic republic as the enemy of the United Arab Emirates. Yoon, speaking to South Korean troops stationed in Abu Dhabi earlier this week, said South Korea and the UAE are under "very similar" circumstances, each facing North Korea and Iran as "the enemy, biggest threat." Relations between Seoul and Tehran had already been testy over frozen Iranian funds in South Korea and suspected arms dealings between Iran and North Korea. Iran has repeatedly demanded the release of some $7 billion of its funds frozen in South Korean banks under U.S. sanctions. South Korea was once one of Iran's biggest crude buyers in Asia, but ceased imports after Washington imposed sanctions on Tehran in 2018.

☆ South Korea hints at compensating victims of Japan's colonial forced labour
▼ + stars: | 2023-01-12 | by ( Hyonhee Shin | ) www.reuters.com time to read: +5 min

The Foundation for Victims of Forced Mobilization by Imperial Japan said it has secured initial donations from steelmaker POSCO (005490.KS) totalling 4 billion won ($3.2 million). Japanese Chief Cabinet Secretary Hirokazu Matsuno, Tokyo’s top spokesperson, declined to comment on Seoul’s compensation plan or its public hearing, saying they were domestic matters within South Korea. The foundation's chief, Shim Kyu-sun, said he would encourage South Korean companies to donate "from the perspective of social responsibility". National flags of South Korea and Japan are displayed during a meeting between Komeito Party members and South Korean lawmakers at Komeito Party's headquarters in Tokyo, Japan, July 31, 2019. Under the 1965 deal, South Korea was required to consider all pre-treaty compensation issues settled.

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