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(Update) Japan Seeks Bilateral Talks with S. Korea on Asset Seizures

(Update) Japan Seeks Bilateral Talks with S. Korea on Asset Seizures

   Tokyo, Jan. 9 (Jiji Press)--Japan asked South Korea on Wednesday to hold bilateral talks on the issue of asset seizures related to wartime labor, under a 1965 bilateral agreement on claims and property.
   The request was made after a South Korean district court was revealed Tuesday to have approved the seizure of assets in South Korea of Japan's Nippon Steel & Sumitomo Metal Corp. <5401> over wartime labor.
   The seizure was sought by South Korean plaintiffs in a damages lawsuit against the company, which refuses to pay compensation related to the issue.
   It was the first time for the Japanese government to request bilateral talks under the 1965 agreement.
   It is uncertain whether South Korea will agree to hold bilateral talks, however, and Japan-South Korea relations may deteriorate further.

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