Legacy of Japan’s 1910-45 colonial rule of Korean peninsula remains politically sensitive for both sides, with many surviving ‘comfort women’ still demanding Tokyo’s formal apology.
Japan has faced opposition to its plan, both at home and abroad, including from South Korea, despite assurances that the water is safe after being filtered to remove most isotopes.
The swap deal, originally agreed upon in 2001 as a tool to aid both countries during financial crises, was allowed to expire in 2015 due to diplomatic tensions.
The resumption comes as Asian policymakers, gathering for the annual ADB meeting this week in the South Korean city of Incheon, discuss regional economic challenges.
Japan will remove curbs on exports to South Korea of materials for smartphone displays & chips & Seoul will drop a WTO complaint against Tokyo, South Korea's trade ministry said.
He will hold a summit meeting with Japanese Prime Minister Kishida. The visit will be an important milestone in the development of relations between the two nations, Yoon's office said.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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