Saturday, May 17, 2025
  • Login
GoTradingAsia
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us
No Result
View All Result
GoTradingAsia
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us
No Result
View All Result
GoTradingAsia
No Result
View All Result

Japan-South Korea Resumed Talks with Little Progression

Doddy D. Wahyuwono by Doddy D. Wahyuwono
5 years ago
in Asia News

Japan and South Korea had talks in China on Tuesday to discuss a further settlement for unrest situations over wartime labor and trade issues. Accordingly, the talks ended the 15-month hiatus in formal dialogue.

The meeting took place in the southwestern Chinese city of Chengdu. Both leaders of the countries, Prime Minister Shinzo Abe and President Moon Jae-in, along with Chinese Premier Li Keqiang, attended the historic event.

Despite the event, the talks barely made any significant progress on the wartime labor compensation. However, both countries showed a willingness to conduct future talks to settle the matter.

Besides the wartime labor compensation, the leaders also discussed trade issues. Regarding the dispute, President Moon demanded Japan to drop the export controls on South Korea.

RelatedArticle

GameStop Shares Surge Roaring $116 Million Position

Indonesia’s New Crypto Regulations: Impact on Local Exchanges

Global Cryptocurrency Tax: Policies and Practices

4 Reasons to Opt for a Local Forex Broker

In response to the matter, Japan answered South Korea’s inquiry by easing some of its export controls. Reportedly, the affected materials are those to manufacture semiconductors and display panels.

Also Read: Japan to Tighten Regulations Over Tech Giants

Japan and South Korea to Settle the Historical and Regional Dispute

In the decades, the relationship between the countries is at its worst. While the existent trade dispute is a considerably grave matter, it is actually far beyond a trade issue.

Accordingly, what South Korea wants the most is that Japan compensates for its wartime crime, among them is pertinent to comfort women. Reportedly, it turned worse as Seoul’s supreme court ordered Japanese firms to compensate for some forced labor during the colonial rule.

In response to the demand, Tokyo argued that the problem is actually done under the 1965 treaty. For that reason, Prime Minister Abe urged South Korea to initiate the actions to fix the ties.

“South Korea should take responsibility and come up with measures to resolve the issue,” PM Abe said. “I asked that South Korea initiate steps to restore ties between Japan and South Korea to a healthy state.”

However, for the time being, the countries want to focus more on dealing with North Korea and its nuclearization. Direct foreign interventions did not happen prior to China’s involvement, but the US had indirectly intervened by helping secure the region.

Also Read: Asia Will Have Biggest GDP by 2020, WEF Says

Tags: chinacomfort womenjapanJapan-South Korea disputeJapan-South Korea trade warNorth KoreaSouth KoreaTrade WarUnited Stateswartime labor
Doddy D. Wahyuwono

Doddy D. Wahyuwono

“No word matters. But man forgets reality and remembers words.” ― Roger Zelazny

Related Posts

GameStop Shares Surge Roaring $116 Million Position

GameStop shares surge
by oney
October 30, 2024

In a dramatic turn of events, GameStop shares surged 80% following a significant reveal by the well-known trader Keith Gill,...

Read more

Indonesia’s New Crypto Regulations: Impact on Local Exchanges

Indonesia crypto regulations. Hedging strategies in Forex Trading. A bar chart with four sections of varying heights. The sections are labeled "23,150," "23,100," "23,050," and likely represent some kind of data or measurement. The title of the chart is most likely "23:150."
by oney
October 13, 2024

Overview of Indonesia's New Crypto Regulations Key Provisions The new regulations introduced by Indonesia's Commodity Futures Trading Regulatory Agency (Bappebti)...

Read more

Global Cryptocurrency Tax: Policies and Practices

role of stablecoins in the crypto ecosystem, diversify your crypto portfolio, how to use a Forex economic calendar. Cryptocurrency Advertisement tax global
by oney
October 4, 2024

The cryptocurrency tax in South Korea South Korean government is setting new tax for cryptocurrency income this year. After Japan, the country...

Read more

4 Reasons to Opt for a Local Forex Broker

Forex Introducing Partner, local forex broker, building confidence as a forex trader
by oney
October 1, 2024

The election of Indonesia’s local forex broker or international forex broker is often confusing for traders. Both of them have...

Read more
Load More
Next Post

North Korea Views Trump Vulnerable over Impeachment

Trending Issues

  • kdrama

    5 K-Dramas to Watch for Some Money Lessons

    0 shares
    Share 0 Tweet 0
  • Why You Should Not Give Up Trading

    0 shares
    Share 0 Tweet 0
  • Why Increasing BNPL Use in Indonesia is Concerning

    0 shares
    Share 0 Tweet 0
  • Apple to Focus More on Indian Market

    0 shares
    Share 0 Tweet 0
  • Do These 6 Things For Your Productive Working in the Morning

    0 shares
    Share 0 Tweet 0

Get the latest market news and trading tips to your inbox daily, subscribe now !

Topic

  • Asia News
  • Asia Trade
  • Bonus+Promotions
  • Broker News
  • Business News
  • Cryptocurrency
  • Currency Analysis
  • Finance News
  • Forex & Market
  • Forex Tips
  • Hot News
  • Investment Tips
  • Learn to Trade
  • Market Analysis
  • Politics Issue
  • Reviews
  • Social Media
  • Stock Analysis
  • Stock Market
  • Stock Trading Tips
  • Technical Analysis
  • Tips
  • trading strategy
Go Trading Asia

Go Trading Asia covers the latest in Business and Economic News and Market Analysis, with the aim of Providing Readers with the knowledge and tools to make better informed financial decisions.

  • Contact us
  • Privacy Policy
  • Disclaimer

© 2021 Go Trading Asia.

No Result
View All Result
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us

© 2021 Go Trading Asia.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In