Japan, South Korea hold first finance leaders' meeting in 7 years

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INCHEON, South Korea: Japan and South Korea held their first bilateral finance leaders' meeting in seven years on Tuesday (May 2), a sign relations between the two are thawing amid shared challenges from geopolitical tensions and slowing economic growth. The resumption of bilateral financial talks comes ah

INCHEON, South Korea: Japan and South Korea held their first bilateral finance leaders' meeting in seven years on Tuesday , a sign relations between the two are thawing amid shared challenges from geopolitical tensions and slowing economic growth.

"As for geo-political challenges, we're experiencing incidents like North Korea's nuclear missile development and Russia's invasion of Ukraine. Japan sees these as unacceptable, and something the two countries must address together," he said. In the meeting held on the sidelines of the Asian Development Bank gathering this week, Choo also urged Japan to swiftly restore South Korea back to a"white list" of countries with fast-track trade status.South Korea finance minister: South Korea, Japan, China cooperation more important as world economy at inflection point

 

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