Yin Xiyue (left) went to Japan to meet Fumio Kishida (right). The two sides held a summit meeting between the leaders of the two countries and reached a number of consensus on the normalization of bilateral relations.

(Associated Press)

[Instant News/Comprehensive Report] South Korean President Yoon Seok-yue met with Japanese Prime Minister Fumio Kishida in Tokyo on the 16th, and the two jointly announced the "normalization of relations between Japan and South Korea."

Korean media sources pointed out that the South Korean side is considering restarting the South Korea-Japan Finance Ministers Meeting to discuss economic cooperation matters, which may also become the first follow-up measure after the talks.

According to Yonhap News Agency, the Korea-Japan Finance Ministers Meeting is a platform for the heads of finance departments of the two countries to attend and discuss economic cooperation. The Korea-Japan finance ministers' meeting has also been suspended.

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The report pointed out that Yin Xiyue met with Fumio Kishida a few days ago. Although the two sides did not discuss whether to restart the South Korea-Japan finance ministers meeting, they agreed to normalize bilateral relations and deepen financial and foreign exchange cooperation.

Follow-up South Korean official news came out that the Ministry of Planning and Finance is considering restarting the South Korea-Japan Finance Ministers’ Meeting as the first follow-up measure to the South Korea-Japan leaders’ talks. The two countries are expected to give priority to restoring the dialogue channel between the financial departments.

If it comes true, Japan and South Korea may strengthen financial and foreign exchange cooperation plans on international occasions such as the G20 and the series of meetings between South Korea, China and Japan.

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