South Korea offers plan to end wartime labor dispute with Japan

Seoul drops WTO dispute process on export curbs; Tokyo announces talks on issue

20230306 Kishida and Yoon

South Korea's President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida: The move by Yoon's government could portend a warming of chilly ties between Seoul and Tokyo.

KIM JAEWON and STEVEN BOROWIEC, Nikkei staff writers

SEOUL -- South Korea announced on Monday that it will compensate Korean laborers forced to work for Japanese companies during World War II, in an attempt to resolve one of the thorny historical issues that has plagued relations with Japan.

Foreign Minister Park Jin said a government foundation will compensate 15 victims who won legal cases against Mitsubishi Heavy Industries and Nippon Steel in 2018. A government-backed fund in charge of compensation will use donations from the private sector.

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