South Korea announces plans to settle wartime labor dispute with Japan

South Korea on Monday unveiled a plan to resolve a long-standing dispute with Japan over wartime labor, a move hailed by Tokyo – bringing the two neighbors closer to a dramatic improvement in relations clouded by years of mistrust and a turbulent past.

South Korean Foreign Minister Park Jin announced the plan at a news conference, saying funds to compensate wartime workers under Japan’s 1910-1945 occupation of the Korean Peninsula would be raised through “voluntary” private sector donations and given to a South Korean foundation. of Japanese companies.

Amid the increasingly tense situation on the Korean Peninsula and the current dire international situation, the government hopes to work with Japan, our closest neighbor who shares the universal values ​​of liberal democracies, market economies, the rule of law and human rights, Park said in prepared remarks.

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