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Yoon holds first bilateral with Kishida, relays concerns to Biden about Inflation Reduction Act Updated: 2022-09-22 16:50:27 KST

We start in New York, where President Yoon Suk-yeol met Wednesday with Japanese Prime Minister Fumio Kishida on the sidelines of the UN General Assembly.
They reportedly agreed on the importance of resolving the issues that have hurt ties between their two countries.
Our Presidential Office Correspondent Yoon Jung-min starts us off.
Agreeing on the need to improve Seoul-Tokyo ties.
That was the key issue between the first bilateral meeting between South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida in New York on Wednesday, the first summit between the two neighbors in two years and nine months due to the extended row over disputes stemming from Japan's 1910 to 1945 colonial rule of Korea.

"The two leaders agreed on the need to resolve pending issues to mend bilateral ties, for which they ordered diplomatic authorities to continue to communicate. They also agreed to communicate at the summit level."

A major pending issue is ironing out compensation for Japan's use of wartime forced labor, according to Seoul's senior officials, adding it was a first step toward a resolution.
The 30-minute-long one-on-one, which Tokyo had denied had been arranged until the last minute, took place at a venue where Kishida was hosting a Comprehensive Nuclear-Test-Ban Treaty meeting on the sidelines of the UN assembly.

Yoon and Kishida shared their "serious" concerns over North Korea's nuclear programs, and agreed to closely cooperate with the international community.

A sideline summit had also been scheduled for President Yoon with his U.S. counterpart Joe Biden, but as Biden had to cut short his stay in New York, they only had several brief encounters instead.
Seoul's top office says Yoon relayed concerns to Biden over the U.S. Inflation Reduction Act on which Seoul hopes to work together with the U.S. to resolve concerns.
Also discussed in the short encounters were close cooperation for implementing financial liquidity facilities, possibly including a currency swap, and the Seoul-Washington extended deterrence.
The White House mentioned they discussed supply chain resilience, critical technologies, and economic and energy security.
Yoon Jung-min, Arirang News.
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