South Korea's wartime labor proposal to Japan: 5 things to know

What the plan means for Seoul-Tokyo ties and regional security

KIM JAEWON, STEVEN BOROWIEC and ANDREW SHARP, Nikkei staff writers

SEOUL/TOKYO -- South Korea's conservative government on Monday offered an olive branch to Japan in an attempt to mend fractious ties with its former occupier and fellow U.S. ally.

Seoul on Monday announced it will compensate Korean laborers forced to work for Japanese companies during World War II, saying that a government foundation using private donations will compensate 15 victims who won legal cases against two Japanese companies in 2018.

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