Advances on the BUSINESS front between South Korea and Japanwill serve to enhance bilateral DIPLOMATIC ties.
Now this is according to President Yoon Suk-yeol on Monday at a related forum here in Seoul.
EUM Ji-young reports.
Seoul-Tokyo economic ties can serve as the catalyst to restore bilateral relations.
That's according to South Korean President Yoon Suk-yeol, who met with the representatives of the Japan Business Federation, or "Keidanren" on Monday and discussed strengthening economic cooperation between the two countries.
President Yoon said business representatives from South Korea and Japan holding their first official meeting in three years in Seoul could be an important milestone in revitalizing exchanges between the two countries.
He added that the business leaders working together as reliable partners has been a pillar of the Seoul-Tokyo relationship and called for continued conversation.
Masakazu Tokura, chief of Keidanren, told President Yoon that both sides confirmed their will to expand economic cooperation and maintain friendly ties.
He also expressed hope for high-level diplomatic meetings between the two countries.
The Korea-Japan Business Council was convened earlier on Monday by South Korea's Federation of Korean Industries and Japan's Business Federation which are major business lobby groups of the two nations.
The meeting had been held every year since 1983, but was stalled for three years due to the pandemic.
The two sides discussed removing export curbs and resuming a currency swap between the two nations.
They signed a joint statement to improve cooperation and build a better relationship.
This comes amid frayed bilateral relations after Tokyo implemented export curbs on Seoul over industrial goods essential to tech industries and amid other historical disputes arising from Japan's colonial rule.
Eum Ji-young, Arirang News.