With Japan-South Korea ties seemingly improving by the minute, Keidanren (Japan Business Federation) and the Federation of Korean Industries announced Thursday in Tokyo that they will establish a "future partnership fund" in their respective countries.
Each business group will contribute the equivalent of 100 million yen to their fund, which is expected to be used for projects in fields such as decarbonization and youth exchanges.
This move follows the South Korean government's March 6 announcement of measures to resolve the issue of lawsuits related to former requisitioned workers from the Korean Peninsula.
