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March 6, Monday, 2023 (1:30 p.m.) Newsline
1. South Korean officials have unveiled a plan to settle a longstanding issue with Japan. They say South Korean companies will compensate people who say they were forced to work during World War Two. Foreign Minister Park Jin said, “We are willing to develop the relationship between South Korea and Japan to a higher level, to a more future-oriented one.”
2. South Korea’s government has disclosed plans to halt the process of its complaint with the World Trade Organization against Japan while discussions proceed on Japan’s export restrictions. South Korea’s industry ministry announced on Monday tat Seoul and Tokyo agreed to conduct bilateral consultations on export control issues.
3.The head of Japan’s largest business group says the organization will consider new programs to step up cooperation with its South Korean counterpart, following Seoul’s announcement of a plan to settle the wartime labor issue between the two countries.