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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Politics

Politics

South Korea, Japan, and China agree to hold summit at the earliest convenient time.

South Korea's deputy foreign minister for political affairs, Chung Byung-won, Japan's Seni... South Korea's deputy foreign minister for political affairs, Chung Byung-won, Japan's Senior Deputy Minister for Foreign Affairs, Funakoshi Takehiro, and China's Assistant Foreign Minister, Nong Rong, pose for photographs during their meeting in Seoul, South Korea, September 26, 2023
South Korea's deputy foreign minister for political affairs, Chung Byung-won, Japan's Seni... South Korea's deputy foreign minister for political affairs, Chung Byung-won, Japan's Senior Deputy Minister for Foreign Affairs, Funakoshi Takehiro, and China's Assistant Foreign Minister, Nong Rong, pose for photographs during their meeting in Seoul, South Korea, September 26, 2023

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Following a rare summit intended to jump-start trilateral interactions, senior diplomats from South Korea, China, and Japan agreed on Tuesday that their leaders will meet at the “earliest convenient time.”

To promote regional cooperation, the three nations had planned to host a summit once a year beginning in 2008. However, this initiative has been weakened by disagreements between the two parties and the COVID-19 epidemic. 2019 saw the most recent summit.

The meeting between the two nations’ foreign ministers will take place “in a couple of months,” according to a statement from Seoul’s foreign ministry. Specific dates are still being worked out.

According to Japanese broadcaster TBS, South Korea, which is hosting three-way meetings this year, has suggested holding a summit in late December.

Yoko Kamikawa, Japan’s foreign minister, stated that the three nations agreed to do it “as soon as possible.

She said during a conference in Tokyo, “I think it is really useful to examine the many difficulties the area confronts.

After Seoul and Tokyo agreed this year to terminate their legal, diplomatic, and commercial disputes over matters relating to Japan’s 1910–1945 occupation of Korea, Beijing was reportedly concerned about how closely the two U.S. allies were working together. According to observers, this was one of the goals of the most recent meeting.

We all agree that pursuing collaboration is in the best interests of all three sides, according to Wang Wenbin, a spokesman for the Chinese foreign ministry, on Tuesday. We ought to cooperate more effectively and add new elements to the area’s peace, stability, and development.

In an August historic trilateral summit with U.S. President Joe Biden, South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida promised to strengthen cooperation, notably on defense and economic security.

According to a senior South Korean official, China has taken the initiative to pursue trilateral cooperation and set up talks since bilateral relations were damaged by installing a U.S. THAAD anti-missile system in South Korea in 2017.

Because of the matter’s sensitivity, the source spoke on the condition of anonymity. “I’m sure there should be some discomfort on their side regarding our increasingly close trilateral security partnerships with the United States and Japan,” the official said. “There seems to be a view that they need to manage bilateral relations with us properly because they saw how their THAAD responses backfired and fueled anti-China sentiment to serious levels,” says the author.

Tong Zhao, senior fellow at the American Carnegie Endowment for International Peace, predicted that Beijing would use trilateral trade ties to counterbalance the U.S. friend-shoring strategy, advance intercultural exchanges, and improve communication and dialogue with Seoul and Tokyo on security and defense issues.

He said that Japan and South Korea are interested in preventing crises, upholding a secure security relationship with China, and enlisting Beijing’s help in reducing if not completely stopping, North Korea’s vast nuclear development program.

According to Zhao, “These common interests open up new channels for strategic communication, confidence-building, and crisis-prevention measures.”

The Chinese premier has customarily participated in the trilateral meetings, and South Korea is also pressing for President Xi Jinping to make a separate trip there.

The most recent meeting was attended by Nong Rong, China’s assistant foreign minister, Chung Byung-won, South Korea’s deputy foreign minister, and Takehiro Funakoshi, Japan’s senior deputy foreign minister.


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