Here is what Chung Jae-jeong, professor emeritus at the University of Seoul has to say about the current trade dispute between Korea and Japan.
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Q: Since the Supreme Court ruling, has Seoul given the impression that it may be disregarding the 1965 pact?
A: There is a high possibility that Japan takes this view. Seoul says that it is addressing the insufficiencies of the 1965 pact, but from Japan’s point of view, all issues regarding compensation were completely resolved with the deal. The Korean government has only said it respects the ruling, and has not given clear explanations about the discrepancy between the 1965 pact and the Supreme Court ruling. There has not been any statement from the foreign minister or the President declaring once and for all that Seoul does not deny the pact. If this position was declared through an official channel, it could help to assuage the considerable level of concern Japan has. This will facilitate negotiations on how to resolve the current disputes. Abe and the Japanese foreign minister have continued to demand Korea “keep state-to-state promises and treaties.”
Q: If the President were to make such a declaration, the Korean public may see it as a humiliation and get the impression that we are succumbing to Japan’s demands.
A: I think we as a country have passed a stage where we approach state-to-state conflicts emotionally. They should be handled with professional judgment and knowledge.
Korea Times
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Professor Chung recommends that a third party arbitrator be used to resolve this issue, but this is whole is issue is about driving anti-Japanese sentiment for future elections not resolving it, so the Moon administration will continue to down play the 1965 Treaty.