Tuesday, August 20, 2019

#SOUTHKOREA: Pres. Moon Jae-in Offers Olive Branch In Trade Talks

[world politics news]


South Korean President Moon Jae-in offered an olive branch to Japan to end an ongoing trade dispute Thursday, saying Seoul will "gladly join hands" if Japan wants to talk.

Moon's government has been accusing Japan of weaponizing trade to target its export-dependent economy and retaliate against South Korean court rulings calling for Japanese companies to offer reparations to South Koreans forced into labor during World War II. Tokyo's measures struck a nerve in South Korea, where many still harbor resentment over Japan's ruthless colonial rule from 1910 to 1945.

After threatening stern countermeasures and declaring that South Korea would "never lose" to Japan again, Moon has taken a more conciliatory tone over the past week as there was relief in Seoul that the impact of Japan's trade measures might not be as bad as initially thought.

[FULL STORY HERE]

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