Main opposition condemns Korea-Japan summit talks as failure


The main opposition party in South Korea strongly criticized the recent bilateral talks between President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida, accusing Yoon of capitulating to Tokyo. The Democratic Party of Korea condemned Yoon's decision to separate the issue of Naver's ownership of the Line messenger app from diplomatic relations and viewed it as a surrender to Japan. They also expressed disappointment that Yoon did not push Kishida to abandon Japan's efforts to acquire Line but instead chose to address the matter separately from bilateral relations. The opposition party accused Yoon of defending Japan's position by acknowledging that Japan was not demanding Naver's shares. They characterized the summit as Yoon waving a white flag of defeat and declaring surrender to Japan. The feud over the Line messaging app involves pressure from the Japanese government for LY Corp., the operator of Line, to reduce its dependency on Naver following a data breach incident. This has led to speculation that SoftBank, in compliance with the Japanese government's pressure, is seeking to acquire Naver's stake in LY Corp. to diminish the Korean company's influence over Line, which is widely used in Japan. Prime Minister Kishida's visit to South Korea included separate meetings with President Yoon and Chinese Premier Li Qiang, with a tripartite session scheduled for the following day.


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