South Korea and Japan are ramping up their economic ties with a key meeting in Seoul. On Monday, top finance officials from both countries sat down to tackle pressing global financial challenges, as announced by Seoul’s finance ministry.
Choi Ji-young, South Korea’s deputy minister for international affairs at the Ministry of Economy and Finance, held talks with Japan’s Atsushi Mimura at the government complex in Seoul. They dove into hot topics like the world economy and global financial markets, sharing insights on ongoing discussions at major forums such as APEC, G20, and ASEAN, according to Yonhap News Agency.
The meeting also geared up for the upcoming 10th Korea-Japan finance ministers’ meeting in Tokyo. South Korea’s ministry emphasized that both sides will keep the momentum going, with cooperation at senior and working levels to strengthen their partnership.
This comes amid efforts to build stable relations between the two neighbors. Just last week, on September 8, South Korea’s presidential office expressed optimism about positive ties with Japan, even after Prime Minister Shigeru Ishiba announced his resignation following an election loss. A senior official noted that both countries have agreed on a “future-oriented” approach and expect smooth cooperation ahead, despite the political shake-up.
The presidential team has been watching Japan’s internal developments closely but stayed out of commenting on their domestic politics. Earlier, in late August, South Korean President Lee Jae Myung visited Tokyo for his second round of talks with Ishiba, where they pledged to boost collaboration.
That said, some tensions linger. Seoul recently chose to skip Japan’s ceremony for the Sado mine—a site tied to wartime forced labor of Koreans—pointing to Tokyo’s insufficient efforts to honor the victims. Still, these finance talks signal a push toward better economic teamwork between South Korea and Japan.
Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in world News on Latest NewsX. Follow us on social media Facebook, Twitter(X), Gettr and subscribe our Youtube Channel.
