Japan-S. Korea Biz Leaders Meeting Reset for Sept.

Economy

Tokyo, July 30 (Jiji Press)--An annual meeting of business leaders from Japan and South Korea, originally scheduled for May, has now been set to take place in Seoul on Sept. 24-25, the organizers said Tuesday.

The meeting, organized by the Japan-Korea Economic Association and its counterpart in South Korea, was postponed due to worsening bilateral relations mainly over South Korean Supreme Court rulings ordering Japanese companies to pay compensation to South Koreans for wartime labor.

Fears mounted that the meeting would be canceled this year because Japan's introduction of export controls on semiconductor materials to South Korea heightened the tensions between the two countries.

However, business leaders from both sides agreed on the importance of continuing exchanges between the business circles.

At the September meeting, corporate leaders from the two countries will discuss economic cooperation and human resources exchanges.

[Copyright The Jiji Press, Ltd.]

Jiji Press