Japan Seeks Bilateral Talks with S. Korea on Asset Seizures


Tokyo, Jan. 9 (Jiji Press)--Japan asked South Korea on Wednesday to hold bilateral talks on the issue of asset seizures related to wartime labor, under a 1965 bilateral agreement on claims and property.

The request was made after a South Korean district court was revealed Tuesday to have approved the seizure of assets in South Korea of Japan's Nippon Steel & Sumitomo Metal Corp. <5401> over wartime labor.

The seizure was sought by South Korean plaintiffs in a damages lawsuit against the company, which refuses to pay compensation related to the issue.

After confirming that notification of the asset seizures had arrived at Nippon Steel, Japanese Vice Foreign Minister Takeo Akiba summoned South Korean Ambassador to Japan Lee Su-hoon and asked for bilateral talks.

It was the first time for the Japanese government to request bilateral talks under the 1965 agreement.

[Copyright The Jiji Press, Ltd.]

Jiji Press