South Korea weighs company-funded foundation to pay wartime laborers

Yoon administration seeks alternative to asset sale opposed by Japan

20220906N South Korea Yoon

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

YOSUKE ONCHI, Nikkei staff writer

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.

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