Moon says Japan asset sales over wartime labor 'not desirable'

South Korean president also 'honestly confused' about ruling on 'comfort women'

20210118 Moon South Korea

South Korean President Moon Jae-in speaks during an online New Year's news conference with local and foreign journalists in Seoul on Jan. 18.  © Reuters

YOSUKE ONCHI, Nikkei staff writer

SEOUL -- South Korean President Moon Jae-in on Monday said the approach of forcibly converting assets to cash, following the South Korea Supreme Court's order for Japanese companies to compensate for wartime labor, is "not desirable" for South Korea-Japan relations.

In a news conference, Moon expressed his intention to hold discussions between Japan and South Korea on a solution that the plaintiffs could agree on.

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