GYEONGJU, South Korea (AP) — South Korean President and Japan’s new Prime Minister met in their first summit Thursday, pledging to strengthen ties that have been frequently strained by their
Their meeting in South Korea came after both launched charm offensives toward U.S. President Donald Trump, who and pressed the two key U.S. allies to complete their massive U.S. investment pledges.
Meeting with Takaichi ahead of the upcoming in Gyeongju, Lee said South Korea and Japan share common challenges in the face of “rapidly changing international dynamics and trade conditions” and that their future-oriented cooperation was more important than ever.
Takaichi said trilateral cooperation between Tokyo, Seoul and Washington is becoming increasingly crucial “under the current strategic environment,” according to Lee’s office.
The two leaders agreed to continue their “shuttle diplomacy,” in which they take turns hosting summits, Lee’s office said in a statement.
Takaichi described her first talks with Lee as “very enjoyable and meaningful” and that she believes “we will welcome (Lee) in Japan next time.”
The Oct. 22 election of raised concern in Seoul about a potential deterioration in ties, as South Koreans view her right-wing views on history as hawkish. She has resisted acknowledging Japanese aggression in World War II and atrocities and denied that coercion was used against Korean laborers and women held as sexual slaves for Japanese troops.
But many experts say Seoul and Tokyo will more likely continue to tighten cooperation as they both struggle to defend their economic interests in face of Trump’s unilateral push to reset global trade. They also face other common challenges like supply chain vulnerabilities and North Korea’s nuclear program.
Lee’s inauguration in June stoked worries in Japan, because he previously faced criticism that he tilted toward North Korea and China and away from the U.S. and Japan. But since taking office, Lee, under his “pragmatic diplomacy,” has repeatedly promised to improve ties with Japan and the U.S. and bolster trilateral Seoul-Tokyo-Washington security cooperation.
Both governments have pledged hundreds of billions of dollars in U.S. business investments, but the South Koreans had spent weeks wrangling with their American counterparts over how Seoul’s proposed $350 billion investment package would be structured and operated.
Following a summit on Wednesday with Trump in Gyeongju, the two governments announced they had
South Korean officials say they have agreed to provide $200 billion in direct U.S. investments over a decade, along with another $150 billion — including loan guarantees — to help revive the U.S. shipbuilding industry. In return, they say the Americans have agreed to lower tariffs on Korean vehicles and auto parts from 25% to 15%. Trump has also said the United States will share to allow South Korea to build a nuclear-powered submarine.
Trump’s visit to South Korea, which also included a on Thursday, followed a where he met Takaichi. Trump and Takaichi announced several major energy and technology projects in America to be funded by Japan, and Trump’s team estimated it had secured up to $490 billion in Japanese investment as part of a trade deal.
__ AP writer Mari Yamaguchi contributed from Tokyo.
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