South Korea and Japan's finance ministers to hold first bilateral talks in 7 years

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South Korea and Japan's finance ministers will hold a bilateral meeting early next month for the first time in seven years, heralding closer cooperation in economic policy that has been hampered by diplomatic conflict.

South Korean Finance Minister Choo Kyung-ho told reporters during a visit to the United States that he has agreed to meet Japanese Finance Minister Shunichi Suzuki, according to a media pool report.

"It is significant in that it will be the first step toward reviving regular bilateral meetings," Choo said, without elaborating. But last month at a summit between South Korea's Yoon Suk Yeol and Japan's Fumio Kishida, the two neighbours promised totheir difficult shared history and said they would work together to counter regional security challenges.

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