Tag: WWII

South Korea to compensate victims of Japan’s forced labour during WWII – Here’s why it’s important
Asia, Featured, World

South Korea to compensate victims of Japan’s forced labour during WWII – Here’s why it’s important

South Korea announced its solution to a WWII-era labour compensation dispute with Japan on Monday as momentum builds on both sides toward mending bilateral ties that have soured over the long-standing issue. The solution centres on a government-backed South Korean foundation paying compensation to Korean plaintiffs instead of requiring two Japanese firms to do so as South Korean court rulings had ordered. The moves reflect an eagerness on the part of President Yoon Suk Yeol, who took office in May last year, to improve relations with Japan amid heightened missile threats from North Korea, as well as calls for better ties from South Korean businesses. Yoon was quoted as saying, "The announcement of a solution for the forced labour ruling amid difficulties is a decision to step in...