South Korea has announced a contentious plan to raise local civilian funds to compensate Koreans who won damages in lawsuits against Japanese companies that enslaved them during World War II. The plan has angered those seeking direct payments from Japan.
The plan reflects conservative South Korean President Yoon Suk Yeol’s determination to mend frayed ties with Japan and solidify a trilateral Seoul-Tokyo-Washington security cooperation to better cope with North Korea’s nuclear threats. But it’s drawn an immediate backlash from former forced laborer and their supporters, who have demanded direct compensation from the Japanese companies.
South Korean Foreign Minister Park Jin told a televised news conference the victims would be compensated through a local foundation that would be funded by civilian donations. He said South Korea and Japan were at a “new window of opportunity” to overcome their past conflicts and build future-oriented relations.“And I think this is the last opportunity,” Park said. “If we compare it to a glass of water, think that the glass is more than half full with water.
Observers had earlier said the foundation would be funded by South Korean companies, which benefited from a 1965 Seoul-Tokyo treaty that normalized their relations. The accord was accompanied by hundreds of millions of dollars in economic aid and loans from Tokyo to Seoul that were used in development projects carried out by major South Korean companies, including POSCO, now a global steel giant.
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