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Japan should change stance on compensation issue

The tension between Seoul and Tokyo is escalating with both sides showing no signs of budging an inch from their firm stances regarding South Korea's Supreme Court ruling ordering Japanese companies to compensate surviving victims forced to work for them before and during World War II. A Daegu court sent official notice to Nippon Steel that it will seize the firm's assets to pay the former Korean workers after the Aug. 4 deadline.

The assets are shares of PNR, a joint venture between the firm and the Korean steelmaker POSCO. The company is poised to file an appeal against the ruling. In the same vein, the Japanese government has threatened to take retaliatory measures against Korea.

Nippon Steel has said such compensation claims were completely resolved with the signing........

© The Korea Times

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