South Korea's finance minister says the nation sees a 'turning point' in economic relations with Japan.
"My understanding is that Japan is processing this according to its legislative and administrative procedures," South Korea's finance minister Choo Kyung-ho said.
South Korea Finance Minister Choo Kyung-ho attends the G20 Finance Ministers and Central Bank Governors Meeting in Nusa Dua, on Indonesia resort island of Bali, on July 16, 2022. South Korea's finance minister says the nation sees is at a "turning point" in economic relations with Japan.
"We believe that unnecessary regulations between the two countries will be entirely removed, and we believe that we're now at a turning point for further cooperation between the two economies," said Choo.people who were forced to work during Japan's 1910-1945 occupation of Korea – a bid by South Korean President Yoon Suk-yeol to improve the strained ties between the two nations.
"The recent bilateral summit has opened things up for improvement. So we can now anticipate cooperation between the two countries, in expansion of industrial and technology cooperation, as well as humanitarian exchange programs for youths," he said. "We believe this will benefit both countries mutually, economy-wise, and contribute to the regional growth as well," he said.
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