South Korea’s finance minister says country is at a ‘turning point’ in relations with Japan
2023-05-03 09:51:35 source:CNBC
May 3, 2023
South Korea’s finance minister says the nation sees is at a “turning point” in economic relations with Japan.
Speaking to CNBC’s Chery Kang at the Asian Development Bank’s annual meeting in Incheon, South Korea’s finance minister and deputy prime minister Choo Kyung-ho praised Tokyo’s recent decision to restore South Korea to a list of preferred trade partners.
“My understanding is that Japan is processing this according to its legislative and administrative procedures,” Choo said, according to a CNBC translation. adding that South Korean officials hope the process will be completed “as soon as possible.”
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