South Korean Foreign Minister Park Jin announced at a press conference in Seoul on March 6 that the government will compensate forced laborers during Japan's 1910-1945 occupation through a fund funded by private companies, rather than asking for money from Japanese companies. The necessary funds will be raised through voluntary contributions from the private sector, such as those from South Korean businesses.
South Korean Foreign Minister Park Jin stressed that when making its decision, the government took into account the fact that forced labor victims are aging and the current relationship with Japan.
Park Jin hopes that the newly announced measures will improve the cold Korea-Japan relationship and move towards a new level in the future. He also hopes that Japan will respond positively to Korea's decision, along with Japanese companies making voluntary contributions and apologizing to the victims.
Relations between neighboring countries Japan and South Korea have shown signs of warming up again after South Korean President Yoon Suk-yeol took office in May 2023, with a policy of promoting improved bilateral relations with Tokyo.
According to Mr. Yoon Suk-yeol, maintaining the trilateral relationship between the US, Japan and South Korea plays an important role in dealing with North Korea's nuclear and missile issues and many other prominent issues in the region.
Japan immediately welcomed the latest move from South Korea. Speaking before the Japanese Parliament on March 6, Japanese Prime Minister Fumio Kishida praised Seoul's decision as marking "a return to healthy relations between Japan and South Korea." In addition, the Japanese leader also looked forward to the opportunity to continue working closely with his South Korean counterpart Yoon Suk-yeol to promote relations between the two countries.
Meanwhile, speaking at a press conference on the afternoon of March 6, Japanese Foreign Minister Yoshimasa Hayashi also believed that the announcement from the Korean side would be a driving force for both sides to jointly implement measures to help expand exchange activities between Japan and Korea in the fields of politics , economics, culture and other fields./.
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