Finance Minister Taro Aso and his South Korean counterpart agreed Saturday to boost momentum in financial and economic ties, resuming their regular bilateral talks after a hiatus of over two years amid strained diplomatic relations.

Aso and South Korean Strategy and Finance Minister Choi Kyung-hwan also agreed on the importance of responding to the rapidly increasing need for infrastructure investment in Asia, Aso said.

"We affirmed we would continue promoting multilateral and bilateral cooperation" after holding a "vigorous exchange of views" on various topics, including global and regional economies as well as fiscal issues, Aso told a news conference after the meeting.