Timebombs ticking down for Seoul-Tokyo ties, chip sector

SEOUL – South Korean Foreign Minister Park Jin is likely to have a new crop of gray hairs sprouting from his scalp by the end of next month. In his first meeting with foreign correspondents since his appointment, Park, who calls South Korea a “global pivotal nation,” discussed two imminent challenges bearing down on his nation. One is the deadline for a long-simmering Japan-Korea dispute which, if left unresolved, threatens to plunge bilateral ties into their worst-ever crisis since the opening of diplomatic relations in 1965. Park made clear that Seoul is seeking an exit. Meanwhile, Seoul is mulling an invitation to join a US-led multinational alliance in semiconductors – Korea Inc’s leading export. However, Park said that the decision must take into account the impact joining would have on the relationship with its leading trade partner, China.

Timebombs ticking down for Seoul-Tokyo ties, chip sector

SEOUL – South Korean Foreign Minister Park Jin is likely to have a new crop of gray hairs sprouting from his scalp by the end of next month.

In his first meeting with foreign correspondents since his appointment, Park, who calls South Korea a “global pivotal nation,” discussed two imminent challenges bearing down on his nation.

One is the deadline for a long-simmering Japan-Korea dispute which, if left unresolved, threatens to plunge bilateral ties into their worst-ever crisis since the opening of diplomatic relations in 1965. Park made clear that Seoul is seeking an exit.

Meanwhile, Seoul is mulling an invitation to join a US-led multinational alliance in semiconductors – Korea Inc’s leading export. However, Park said that the decision must take into account the impact joining would have on the relationship with its leading trade partner, China.