ANALYSIS Why is AMCHAM donating to fund for Korean victims of Japan's forced labor?
President Yoon Suk Yeol, third from left, U.S. President Joe Biden, center, and Japanese Prime Minister Fumio Kishida, second from right, meet at a summit in Phnom Penh, Cambodia, Nov. 13. YonhapUS seeks to play bigger role in improving Seoul-Tokyo tiesBy Nam Hyun-wooThe United States is taking on a bigger role in improving frayed Seoul-Tokyo ties, with the American Chamber of Commerce in Korea (AMCHAM) becoming the first organization to express an intent to donate money to a South Korean public foundation that will raise funds to compensate the victims of wartime forced labor by Japan.Experts see AMCHAM's move as an attempt by the U.S. government to help restore ties between the two neighboring countries. Strengthening trilateral cooperation is a prerequisite to combined deterrence against North Korea's nuclear threats and to curb China's rising influence.The third-party compensation, which was agreed upon by Seoul and Tokyo earlier this month, has sparked a backlash from South Koreans due to Japan's lukewarm stance to issuing an apology for forcing Koreans to labor at its factories
Mar 12, 2023By Nam Hyun-woo