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Free AccessSouth Korea, Japan in fresh spat over...>
SOUTH KOREA: South Korea, Japan in fresh spat over intelligence deal (RTRS)
- South Korea and Japan traded fresh barbs on Monday, just days after agreeing
to salvage an important intelligence-sharing pact, highlighting the fragile ties
between the former wartime foes and allies of the United States. Officials from
each side criticised or contradicted comments made by other and in media about
whether Tokyo had apologised over what Seoul said was an inaccurate weekend
statement about the agreement. Under pressure from Washington, South Korea made
a last-minute decision on Friday to conditionally maintain the pact, known as
GSOMIA, a dramatic about-face amid a months-long feud over history and trade.
GSOMIA, or the General Security of Military Information Agreement, is a key
symbol of security cooperation between the two old foes and a trilateral
partnership with the United States. Tokyo, for its part, said Seoul made a
strategic choice and it hoped to hold trade talks, though it would not
immediately restore South Korea's fast-track exporter status.
- Link: https://tinyurl.com/yx2wb3kh
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.