President Yoon Seok-yeol will visit Japan this Thursday (16th) for two days and one night.
In line with this, business leaders are also planning to go to Japan on economic delegations, and reporter Kim Kwan-jin pointed out what kind of discussions the two countries' businessmen will share when they meet.
Korea's Jeonjang and Japan's Keidanren, a group of businessmen from both countries, have held an exchange event called the "Korea-Japan Business Conference" every year since 1.
However, in recent years, as tensions between the two governments have deepened, economic cooperation has been greatly reduced.
Jeon and Keidanren will hold a meeting in Tokyo, Japan, on the 2th, attended by leading companies from both countries.
The issue of establishing the Future Youth Fund will be discussed intensively, and apart from forced labor lawsuits, it is a fund that supports exchanges between young people in both countries.
If the two agencies agree to establish the fund, we are interested in what form Mitsubishi Heavy Industries and Nippon Steel, the defendants in the forced conscription judgment, will participate.
The two companies are reportedly refusing to provide direct compensation through the Forced Mobilization Victims Support Foundation and are considering contributing to the Future Youth Fund.
A government official also said, "We understand that it is unlikely that the defendant company will donate to the Foundation for Victims of Forced Mobilization," but that Japan is also considering corresponding measures.
The recovery of supply chains between Japan and Korea is also a major topic of discussion.
This time, the total number of the five major groups, including the chairmen of Samsung, SK, Hyundai Motor Company, and LG Group, who left the previous convulsion in 1982, and the chairman of Lotte Group, who was included in the vice presidency of the former convulsion, will be in attendance.
[Kim Jun-mo/Professor of Public Administration, Konkuk University: It may be a bit unusual for the heads of major groups to participate at once, and I think there is such an intention to increase the level and speed of economic cooperation between South Korea and Japan.]
Amid the intensifying US-China hegemony competition, we are interested in whether our companies will play a more important role in the US-led supply chain solidarity between Korea, Japan, and Taiwan.
(Video editing by Park Ki-duk)
Lined up to Tokyo... Youth Fund · Supply chain discussions
This Thursday, President Yoon Seok-yeol will visit Japan for two days and one night. In line with this, business leaders are also planning to go to Japan on economic delegations, and reporter Kim Kwan-jin pointed out what kind of discussions the two countries' businessmen will share when they meet.