S. Korea financial dialogue mulled


The Japanese and South Korean governments are considering setting up a bilateral dialogue between their finance ministers in Seoul on Nov. 24 and 25, according to sources.

The annual dialogue was initially scheduled for August but has been postponed due to the heightened tensions over the territorial dispute involving the Takeshima islets in the Sea of Japan.

Finance Minister Koriki Jojima and Minister of Strategy and Finance Bahk Jae Wan met last month in Tokyo during the annual meetings of the International Monetary Fund and the World Bank Group and agreed to hold the dialogue at an appropriate time.

The date for the dialogue could be changed if the Lower House is dissolved for a snap election.

The bilateral financial dialogue has been held almost every year since 2006 to exchange information on a wide range of economic issues.