Tokyo, 16 March 2023 (GNP): President of South Korea Yoon, Suk Yeol, is attending a bilateral summit on the invitation of Prime Minister of Japan, Fumio Kishida, marking the first formal summit between the two countries since 2011.
Before the summit, North Korea launched an Intercontinental Ballistic Missile that landed in open waters off Japan’s northern island of Hokkaido.
In response, President Yoon convened an emergency security meeting and instructed the South Korean military to proceed with its ongoing exercises with US forces and to strengthen security cooperation among Seoul, Washington, and Tokyo.
Also Read: Joint military drills of US and South Korea
Both leaders expressed the importance of peace and stability in the region and emphasized the need to further strengthen cooperation among allies and like-minded countries. The two countries share a common threat from North Korea and China, making their cooperation vital in the security and economic sectors.
In addition, South Korean business leaders are expected to meet with Japanese counterparts during the summit to discuss setting up a private fund for economic, security, and cultural projects for youths.