Japan and South Korea agreed on Saturday to hold formal talks next month, taking...
Tokyo has been frustrated by what it calls a lack of action by Seoul after a top South Korean court ordered Japanese company Nippon Steel to compensate former forced laborers. Japan says the issue of forced labor was fully settled in 1965 when the two countries restored diplomatic ties.
Japan’s Motegi told Kang that bilateral ties would further worsen if Korea decided to liquidate previously seized assets of some Japanese companies, a Japanese official said. South Korea made a last-minute decision on Friday to stick with its General Security of Military Information Agreement intelligence-sharing pact with Japan. The agreement was set to expire at midnight on Friday and South Korea had earlier indicated it would let it lapse.
When asked if Washington had helped push South Korea toward its last-minute reversal on the intelligence-sharing pact, a senior official at South Korea’s foreign ministry told Reuters that it was a result of the three countries’ close discussions, without elaborating further.
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