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Japan-South Korea rift

South Korea weighs company-funded foundation to pay wartime laborers

Yoon administration seeks alternative to asset sale opposed by Japan

South Korean President Yoon Suk-yeol seeks to resolve the wartime labor issue without antagonizing Japan.   © Reuters

SEOUL -- South Korea is considering compensating Koreans forced to work for Japanese companies during World War II through a foundation funded partly by voluntary contributions from Japanese and South Korean businesses.

The proposal came from a series of meetings among government and private-sector groups to find a solution to a decades-old issue that has chilled relations between Seoul and Tokyo in recent years.

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