Finance talks with S. Korea to resume


South Korea plans to resume the annual finance minister talks with Japan in January after halting them over diplomatic tensions, the Chosun Ilbo newspaper reported Monday.

The talks were put on hold before Prime Minister Shinzo Abe and South Korean President Park Geun Hye took power. Tension has grown between Japan and South Korea over the Takeshima territorial dispute in the Sea of Japan and interpretations of history.

The venues for the dialogue, first arranged in 2005, alternated between the two until November 2012. This year’s talks, set to be held in Japan,were not held due to the rift over their differing interpretations of wartime history.

The planned meeting is expected to cover bilateral economic cooperation and South Korea’s preliminary negotiations to join the Trans-Pacific Partnership free trade pact.