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Japan and South Korea might quickly focus on the potential of reviving a bilateral forex swap association that expired years in the past, Finance Minister Shunichi Suzuki mentioned Friday, although some officers had been cautious over the possibilities for a deal.
The forex swap might be on the agenda when Suzuki meets his South Korean counterpart Choo Kyung-ho for a bilateral finance dialogue that’s anticipated to be held in Tokyo later this month, although the date has nonetheless to be finalized.
“It may embody a Japan-South Korea forex swap association,” Suzuki mentioned. “That’s all I can say in the intervening time, as we’re making closing preparations towards June 29.”
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