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.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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