• Kyodo

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Keidanren Chairman Sadayuki Sakakibara will meet with South Korean President Park Geun Hye in Seoul on Monday, a source familiar with the matter said Friday.

The head of Japan’s most influential business lobby, also called the Japan Business Federation, will convey his hope for the first one-on-one summit between the two leaders and express the need for stronger economic ties, the source said.

Sakakibara will be the first head of a major Japanese business lobby to officially meet with Park since she took office in February 2013.

Relations between Tokyo and Seoul have been strained by an old territorial dispute and disagreements stemming from Japan’s deeds during the war.

Park has said she will not hold a summit with Prime Minister Shinzo Abe unless Japan takes measures acceptable to the Korean women who were forced into the Imperial Japanese military’s brothels.

While South Korea remains at odds with Japan politically, it is seeking to expand cultural and economic cooperation with its neighbor.

Keidanren, had requested that the South Korean government hold a meeting between Park and Sakakibara because it plans to hold a regular gathering with the Federation of Korean Industries on Monday.

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