Yoon and Japanese Prime Minister Fumio Kishida are taking a critical step to forge a future for the Korean and Japanese people that is safer, more secure, and more prosperous, Biden said in a statement.The plan, however, has drawn immediate backlash from former forced laborers and their supporters, who have demanded direct compensation from the Japanese companies and a fresh apology from the Japanese government.South Korean Foreign Minister Park Jin told a televised news conference the victims would be compensated through a local foundation that would be funded by civilian donations.
Recent survey by US-based East-West Centre finds that officials, bureaucrats and business leaders are nearly twice as likely as common folk to consider trade with China beneficial to their states’ economies.