Japan and South Korea's top financial leaders meet for the first time in eight years... Shuttle meetings between the two countries resume

The shuttle meeting between the financial authorities of Japan and South Korea, which has been suspended since 2016, is scheduled to be held this December for the first time in seven years. On the 3rd, the Korean Financial Services Commission announced, ``Kim Joo-hyun, who is visiting Japan,
) chairman met with Japan Financial Services Agency Commissioner Teruhisa Kurita and agreed to resume shuttle meetings between financial authorities.
Top financial leaders in both countries are also concerned about the climate crisis and the digitalization of financial services.
They shared their experiences and agreed to discuss these matters in the future. They also discussed proposals to strengthen mutual cooperation with the aim of fostering financial stability and financial markets.
The Financial Services Commission of Korea said, ``This meeting is due to the normalization of Korea-Japan relations, including the restoration of shuttle diplomacy between the leaders of the two countries,'' and ``This is the first time in eight years since 2015 that the heads of the Korean and Japanese financial authorities have met.''
” he explained. A meeting between the financial authorities of the two countries is scheduled to be held in Seoul, South Korea, on December 19-20 this year. If this happens, it will be the first time in seven years since 2016.