South Korea's Moon signals talks with Japan as trade war simmers

President Moon marks the 74th anniversary of Korean liberation from Japan with the offer of 'fair trade' with Tokyo.

Economy 10:52 15.08.2019
South Korean President Moon Jae-in has struck a conciliatory tone towards Japan, offering to "join hands" if Tokyo chooses dialogue as relations between the two countries dip to fresh lows following a recent trade dispute.
 
Moon sought to dial down the temperature on Thursday in a speech marking the 74th anniversary of Korea's liberation from Japan's rule from 1910 to 1945.
 
"If Japan chooses the path of dialogue and cooperation, we will gladly join hands," Moon said, adding that Seoul is willing to work with Tokyo to secure "fair trade and cooperation" in the region.
 
Seoul and Tokyo - both of them democracies and market economies - are mired in long-running disputes over Japan's use of forced labour in the first half of the 20th century.
 
Relations further soured after the neighbouring countries engaged in a tit-for-tat trade war, which saw them remove each other from their lists of trusted trading partners this month, raising concerns over global supply chains.
 
That came after Tokyo imposed restrictions on exports crucial to tech giants such as Samsung last month, following a series of South Korean court rulings ordering Japanese firms to pay for wartime labour.
 
Dressed in a light blue traditional Korean attire, Moon - who earlier this month said South Korea will "never be defeated again by Japan" - insisted that Seoul has "not dwelt on the past".
 
"Reflecting on the past does not mean clinging to the past but overcoming what happened and moving toward the future," said Moon.
 
"We hope that Japan will play a leading role together in facilitating peace and prosperity in East Asia while it contemplates a past that brought misfortune to its neighbouring countries."
 
Tokyo maintains that all issues of wartime compensation were settled under the 1965 treaty that re-established diplomatic ties which included a package of about $800m in grants and cheap loans for the former colony.
 
'Unification by 2045'
 
The dispute has raised concerns over the potential implications on the security cooperation between the two US allies in the face of a series of North Korean missile tests in recent weeks.
 
Pyongyang and Washington are engaged in a long-running diplomatic process over the North's nuclear and missile programmes that has seen three unprecedented encounters between their leaders in the space of a year although little progress has been made on denuclearisation.
 
Moon sought to play down North Korea's recent tests - following the example of US President Donald Trump - as he assured Seoul had "even stronger" defence capabilities and was working to prevent escalation of tensions.
 
But, he added: "The ultimate goal that these actions serve is dialogue, not confrontation."
 
The dovish South Korean president has long favoured dialogue with Pyongyang, dangling cross-border business projects as incentives.
 
Moon said economic cooperation with North Korea will provide a one-stop solution to the "problems we currently face, such as low growth, low birthrate and an ageing society".
 
But proposed projects are currently blocked because of international sanctions imposed on the North over its nuclear and ballistic missile programmes.
 
Moon pledged on Thursday that he will "solidify the foundation" with the goal of "achieving peace and unification by 2045", although his single five-year term presidency ends in 2022.
 
Pyongyang has recently given Seoul the cold shoulder, saying nuclear talks will be "strictly" between the North and the United States and refusing to hold a separate dialogue with the South.
 
AlJAZEERA 

 

Azerbaijan Air Force and Navy Forces held joint tactical exercise in Caspian Sea - VİDEO

News line

Next pandemic likely to be caused by flu virus, scientists warn
17:01 20.04.2024
US denies carrying out airstrikes in Iraq after explosion at military base
16:40 20.04.2024
UK accused of wasting time with half of £900m Ukraine fund unused
16:17 20.04.2024
FM Hakan Fidan: Türkiye and Egypt coordinating efforts to deliver aid to Gaza
FM Hakan Fidan: Türkiye and Egypt coordinating efforts to deliver aid to Gaza
15:55 20.04.2024
Armenian PM: Russian border guards will leave posts in Tavush
15:44 20.04.2024
Zakir Hasanov guides technical support for departing Russian peacekeepers in Karabakh
15:22 20.04.2024
Dutch club Vitesse relegated from Eredivisie after 18-point deduction
Dutch club Vitesse relegated from Eredivisie after 18-point deduction
15:00 20.04.2024
Türkiye conducts new operation in Syria
14:46 20.04.2024
Iran mocks Israel, describes its weapons as 'toys'
14:22 20.04.2024
Azerbaijan weather forecast for April 21
Azerbaijan weather forecast for April 21
14:00 20.04.2024
US Congress close to passing long-awaited Ukraine aid
13:42 20.04.2024
Iraq military base housing pro-Iranian force hit, security sources say
13:21 20.04.2024
Azerbaijan's Energy Minister, IEA mull cooperation on energy efficiency and COP29
12:55 20.04.2024
SOFAZ discloses revenue and expenditure statement for January-March 2024
SOFAZ discloses revenue and expenditure statement for January-March 2024
12:30 20.04.2024
Swedish FM welcomes agreement reached by Azerbaijan-Armenia delimitation commission
12:17 20.04.2024
Musk postpones India visit, citing heavy Tesla obligations
Musk postpones India visit, citing heavy Tesla obligations
11:51 20.04.2024
Pistol, assault rifles, and grenades found in Khankandi
11:18 20.04.2024
Fifty drones attack eight regions of Russia
Fifty drones attack eight regions of Russia
10:55 20.04.2024
Hikmet Hajiyev: Hosting COP29 in Azerbaijan - manifestation of country’s diplomatic, political courage
10:40 20.04.2024
Mukhtar Babayev: COP29 key for planning assistance to poor countries
10:00 20.04.2024
Guterres welcomes agreement between Azerbaijan and Armenia on border delimitation
09:42 20.04.2024
Unidentified man attempts suicide outside courthouse where Trump trial is underway
Unidentified man attempts suicide outside courthouse where Trump trial is underway
09:20 20.04.2024
US Secretary of State welcomes return of Azerbaijan’s villages
09:00 20.04.2024
Iran and Israel playing with fire as old rules of confrontation are torn up - ANALYSIS
20:50 19.04.2024
'Ukraine is blackmailing the West for this' - Expert reveals the secret details
19:50 19.04.2024
French police arrest attempted suicide bomber
French police arrest attempted suicide bomber
19:30 19.04.2024
'We are witnessing historical events' - Umud Mirzayev on the occasion of the return of Gazakh villages
19:09 19.04.2024
Expert: Israeli Response to Iran Expected to Be Limited, Considers Targeting Neighbor
18:45 19.04.2024
Border delimitation between Azerbaijan and Armenia to be based on Almaty Declaration
18:25 19.04.2024
Defamation against Azerbaijan in the International Court of Justice
18:12 19.04.2024
CIA: Ukraine will lose war without new aid this year
17:58 19.04.2024
Another baseless allegation from a law professor speaking on behalf of Armenia
17:40 19.04.2024
Azerbaijan and Armenia agree on returning of Gazakh's 4 villages
17:21 19.04.2024
President of Azerbaijan and Chancellor of Germany to meet in Berlin
17:00 19.04.2024
Russia won’t allow NATO to move closer in Ukraine — Lavrov
Russia won’t allow NATO to move closer in Ukraine — Lavrov
16:48 19.04.2024
Baku French Lyceum ceases its activity
16:35 19.04.2024
Ilham Aliyev and Vladimir Putin to meet in Moscow
16:27 19.04.2024
G7 Foreign Ministers call Azerbaijan and Armenia to be committed to peace process
16:16 19.04.2024
Mikayil Jabbarov: ‘Ughuryolu career program leads to identifying personnel with higher potential’
Mikayil Jabbarov: ‘Ughuryolu career program leads to identifying personnel with higher potential’
16:01 19.04.2024
US calls on Israel to provide humanitarian aid to Gaza
15:40 19.04.2024
Hamısı