South Korea and Japan to drop trade dispute as security concerns trump history

South Korea and Japan to drop trade dispute as security concerns trump history
South Korea's President Yoon Suk Yeol and his wife Kim Keon-hee arrive at Tokyo International Airport (Haneda Airport) in Tokyo, Japan, on March 16, 2023.
PHOTO: Reuters

TOKYO/SEOUL - The leaders of Japan and South Korea promised to turn the page on years of animosity at a meeting on Thursday (March 16), putting aside their difficult, shared history and saying they needed to work more closely to counter the region's security challenges.

The comments from South Korea's Yoon Suk-yeol and Japan's Fumio Kishida at a joint meeting in Tokyo highlight how the two US allies have been pushed closer together by North Korea's frequent missile launches, as well as growing concern about China's more muscular role on the international stage.

Yoon's visit to Japan on Thursday was the first for a South Korean president in 12 years. The urgency of the regional security situation - and the threat posed by North Korea - were underscored in the hours before Yoon's arrival, when the North fired a long-range ballistic missile that landed in the sea between the Korean peninsula and Japan.

The two countries also agreed to drop an almost four-year-old trade dispute on the high-tech materials used for chips, an issue that has dogged their relationship even as the political importance of semiconductors, and securing their supply, has increased.

"Today's meeting with Prime Minister Kishida has a special meaning of letting the people of our two countries know that South Korea-Japan relations, which have gone through difficult times due to various pending issues, are at a new starting point," Yoon said in remarks as they faced each other across a table.

"As seen in North Korea's launch of a long-range ballistic missile before my departure to Tokyo this morning, North Korea's ever growing nuclear and missile threats are a grave threat not only to East Asia but to the international peace and stability."

Kishida said he was happy that the opportunity for relations took place on a warm spring day.

The two said they would restart their previously halted "shuttle diplomacy" of regular visits between the leaders.

Export curbs

Japan will remove curbs on its exports to South Korea of critical materials for smartphone displays and chips while Seoul will drop a World Trade Organisation (WTO) complaint against Tokyo, officials from both sides said.

Tokyo imposed the curbs in 2019 as tensions over a decades-old row with Seoul deepened. Thursday's announcement is likely to be seen as a sign of Yoon and Japanese Prime Minister Fumio Kishida's desire to present a united front against growing regional tension and cooperate on supply chains. In doing so, they look to leave behind years of animosity sparked by Japan's 1910-1945 occupation of the Korean peninsula.

Yoon has said that he expects to "invigorate" security cooperation and the two leaders are preparing to confirm the restart of a bilateral security dialogue which has been suspended since 2018, according to Japanese broadcaster NHK.

The attempt for closer ties brought a rebuke from China, whose foreign ministry said it opposed the attempt by certain countries to form exclusive circles.

Scepticism at home

Behind the scenes, Japanese officials have been cautious about improving relations.

Yoon also faces scepticism at home. In a poll by Gallup Korea published Friday, 64per cent of respondents said there was no need to rush to improve ties with Japan if there was no change in its attitude, and 85per cent said they thought the current Japanese government was not apologetic about Japan's colonial history.

Nevertheless, economic ties are strong. The two were each other's fourth-largest export markets in 2021, according to the IMF. Japanese exports to South Korea totalled $52 billion (S$70 billion), while South Korean exports totalled $30 billion, the data showed.

In a fresh reminder of the long-running tensions, two South Korean victims of wartime forced labour filed a lawsuit, seeking compensation from Japanese company Mitsubishi Heavy Industries, their representatives said on Thursday.

Relations between the two countries, which have been strained over the wartime labour issue as well as disputed islands, and Korean girls and women forced to work in Japanese wartime brothels, made headway last week when Seoul announced a plan for its companies to compensate former forced labourers. The victims who filed the lawsuit reject that plan.

Japan's biggest business lobby, Keidanren, said it and its South Korean counterpart, the Federation of Korean Industries, agreed to launch foundations aimed at "future-oriented" bilateral relations.

Park Hong-keun, floor leader of South Korea's main opposition Democratic Party, said Yoon's visit should not stop at "his trip down memory lane" and asked Yoon to earn a true apology and resolution from Japan on forced labour issues during his trip.

Japan said the "strategic challenge posed by China is the biggest Japan has ever faced" in a defence strategy paper released in December. Tokyo worries that Russia's invasion of Ukraine has set a precedent that will encourage China to attack self-ruled Taiwan.

China's coast guard entered waters around disputed East China Sea islets on Wednesday to counter what it called the incursion of Japanese vessels into Chinese territorial waters.

Source: Reuters

homepage

trending

trending
    Bishan bak kut teh stall owner died of overwork trying to repay $100k debt, says wife
    Mum of 6 who juggles 3 jobs starts free breakfast club for children in Ang Mo Kio
    Kia Carnival Hybrid review: Hybrid power and modern updates for a spacious family MPV
    Gossip mill: Liu Wai Hung to open entertainment complex in Malaysia, officials indicted in late Lee Sun-kyun case, Hong Kong actor with cancer performs to pay bills
    Operator of F&B chain Ayam Penyet President fined $1,000 after SFA finds food safety lapses at Hillion Mall outlet
    Pamper yourself on your next shopping trip with these exclusive deals
    'You worried about us too much': Tay Ying has heart-to-heart talk with mum Hong Huifang before marriage
    'I suppose this will be my life': Geylang resident dismayed as neighbour blasts music past midnight
    Hazelle Teo announces engagement to pianist James Wong
    Malaysian govt-owned land in Marsiling? Residents express surprise at land acquisition for Woodlands Checkpoint extension
    Singapore-registered supercars' owners fined for parking illegally in Thailand
    Ayden Sng sells his 'go-to' drink Milo Dinosaur in China cafe for reality show Smile at You

Singapore

Singapore
    • From cash and gold to leaves: 3 women, 1 man charged over suspected involvement in spiritual 'blessing' scams
    • 'A transitional phase': Food security expert not worried by drop in local production of vegetables and seafood
    • Barge grounded off Tanjong Beach; no reports of damage, injuries
    • $52k bid to rent Tampines clinic 'highest' psf received for GP, dental clinics of this size: HDB
    • 40 Singaporeans going on 'Single's Inferno' trips to Japan to find love, minus the cameras
    • Cyclist sent to hospital after accident with police vehicle along Keppel Road
    • Former senior minister Teo Chee Hean to take over from Lim Boon Heng as Temasek chairman
    • Man taken to hospital after fight with stepfather in Yishun, furniture damaged in brawl
    • Wrong food delivery: Man 'feels unsafe', calls police
    • Government official impersonation scam: Syndicate received gold bars worth $500k, cash from victims

Entertainment

Entertainment
    • E-Junkies: Katy Kung agreed to do tough labour in TVB reality show because 'might as well choose the most challenging one'
    • Half-Singaporean Katseye member Megan comes out as bisexual during livestream
    • 'I was totally fooled': Behind-the-scenes footage of Lee Jun-hyuk's ad tickles netizens
    • 'Please say hello from afar': Jay Chou hounded by fans in Kyoto, his makeup artist falls and fractures leg
    • Ruby Lin strikes touristy Merlion pose in Singapore at Vivian Hsu's 'recommendation'
    • Zawe Ashton and fiancé Tom Hiddleston expecting second child
    • Jared Leto facing allegations from 9 women of inappropriate behaviour
    • Rita Ora celebrates her 'sexuality' in new single Heat
    • Pedro Pascal finds it scary joining the MCU
    • Sean 'Diddy' Combs warned to stop 'nodding' in the direction of jury during his sex trafficking trial

Lifestyle

Lifestyle
    • Unable to bear children, she proposed annulment of marriage so he could start a family. He chose love
    • The taller, the better? Tinder's new height filter trial is dividing opinion
    • Taiwan's popular noodle chain Xiao Hun Mian opens first Singapore outlet at Raffles City
    • New French restaurant concept by Zouk Group to open in Bugis
    • Today's norms, tomorrow's 'you did what?!' moments - 60 Singapore things we'll one day have to explain
    • 'I'm doing all this from my heart': Senior volunteer on his love of helping the community for almost 30 years
    • Land Rover Defender lineup gets facelift
    • Top picks for Father's Day 2025 in Singapore: Best restaurants, experiences and gifts
    • Touring Onan Road, a freehold landed estate with 'hidden' enclave of shophouses
    • From 'playgrounds' to 'playscapes': Punggol sees new play areas with giant pencils, kinetic bugs and a 'crocodile'

Digicult

Digicult
    • Slim, sleek, but slightly too short-lived: Samsung Galaxy S25 Edge review
    • World's best Dota 2 teams to compete for $1m prize pool in Singapore in November
    • A $500 wake-up call: How the Samsung Galaxy Ring made me realise my stress
    • Monster Hunter Wilds producer explains how game has remained unique and fresh over 20 years
    • Initiative by IMDA, AI Verify Foundation tests AI accuracy, trustworthiness in real-world scenarios
    • Under siege? Helldivers 2's latest city to be invaded by aliens could be spoof of Singapore
    • Honor 400 Series launches in Singapore with first free in-device AI image-to-video tool
    • Home Team humanoid robots to be deployed by mid-2027, $100m to be invested: Josephine Teo
    • Ado concert review: Singer without a face ignites fans while in cage with only silhouette visible
    • EU and US authorities take down malware network

Money

Money
    • Wall Street equity indexes close higher after US-China tariff truce
    • Giant deal: Malaysian company to acquire Cold Storage and Giant supermarket chains in Singapore
    • Best fixed deposit rates in Singapore (June 2025): Minimum deposits from $500, rates up to 2.45%
    • SG60 Baby Gift: What to expect if you're expecting
    • The surprising reasons some Singaporean buyers are choosing smaller condo units (even when they can afford more)
    • 'Thank you for your hard work': Scoot gives 4.91 months of bonus, shares on TikTok
    • US House plans quick action on Trump cuts to foreign aid spending
    • 4-room HDBs without million-dollar sales - where to still find value today
    • $1.16m for a 4-room HDB flat in Clementi? Why this integrated development commands premium prices
    • Why these buyers chose older leasehold condos — and have no regrets

Latest

Latest
  • WorldPride parade-goers march through Washington in defiance of Trump
  • Protesters rally against immigration agents for second day in Los Angeles
  • Proud Boys leaders seek $128 million over Jan 6 prosecutions
  • Tens of thousands march in Romania demanding LGBTQ equality
  • Ukraine denies postponing prisoner swaps as Russian strike on Kharkiv kills 4
  • Thailand and Cambodia reinforcing troops on disputed border after May skirmish, Thai minister says
  • Iran says US travel ban shows 'deep hostility' for Iranians, Muslims
  • Dismay and disbelief as Trump bans visitors from a dozen countries
  • Bangladesh to hold election in first half of April 2026, interim PM says

In Case You Missed It

In Case You Missed It
  • Queues at VEP application centres in Singapore, JB after news of enforcement from July 1
  • Malaysian woman apologises to 11-year-old daughter for 'only' spending $300k on her birthday
  • Boy, 4, caught smoking under a Bangkok bridge sent to government-run shelter
  • 'I feel incredibly honoured': Drum major who dreamed of role as teen leads Singapore Police Force Band in centennial celebration
  • Over 170 travellers nabbed for evading GST, smuggling large sums of cash in island-wide operation
  • Enforcement officer lays tape measure on road to assess illegal parking, impresses netizens
  • Woman crawls out of storm drain in shocking Manila street scene
  • DBS staff, police stop 2 victims from losing $820k to government official impersonation scams
This website is best viewed using the latest versions of web browsers.