South Korea said on Wednesday it had proposed a joint fund with Japan to compens...
SEOUL - South Korea said on Wednesday it had proposed a joint fund with Japan to compensate South Koreans forced to work by Japanese companies during World War Two, but Japan rejected the idea out of hand.
The Korean proposal aims to resolve an issue that has strained relations since a series of rulings by South Korean courts ordered Japanese firms to compensate former laborers. The South Korean court rulings ordered Nippon Steel & Sumitomo Metal Corp and Mitsubishi Heavy Industries Ltd. to pay hundreds of thousands of dollars to South Korean plaintiffs.
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