ROK is about to break the 1965 Japan-ROK’s Basic Treaty. If it does, it should repay all the assets left by Japan (60 trillion yen), unpaid wages and compensation to wartime workers and various other economic cooperation costs paid by the Japanese government to the ROK government.
So how much money Japan has been giving to S.Korea at the time, let’s translate the chart above. 1965: 60 trillion yen worth of infrastructure transfers (the Netherlands and the UK billed Indonesia and India respectively) 1965: ¥80 billion plus aid to Japan-Korea Basic Treaty.
1983: Special Economic Cooperation, ¥400 billion 1997: SK currency crisis 1 trillion yen in aid 2002: Japan-Korea World Cup stadium construction loan of 30 billion yen not yet repaid.
2006: The SK economic crisis of Won’s appreciation against other currency, SK government aid of 2 trillion yen (South Korean officials expressed displeasure, saying that Japan’s aid was a nuisance.
2008: The Lehman crisis: ¥3 trillion in aid (South Korean officials expressed displeasure that Japan was being stingy with its aid.
2011: Taiwan donates 40 billion yen for the Great East Japan Earthquake, while South Korea donates a low amount. Furthermore, South Korea is the only country in the world to request a “quid pro quo” for its donation. Other Interest on ODA’s interest-bearing debt.
S.Korea has yet to repay a penny. Moreover, Japan did many other financial aids to SK government. In 1965, Korea’s national budget was 350 million dollars. Combined with the infrastructure left behind, the total was $17.5 billion. Of course, Japan did not have to pay that much.
Here is another the list of a small size projects beside above. These Japanese government subsidies to South Korea are not included in the above 17.5 billion USD. The sum of this projects are also huge. I would like to adding up and show the value of these projects near future.
South Korea drew the “Rhee Seung-man Line” on the high seas in 1952, illegally capturing and taking thousands of Japanese fishermen and abusing them in detention centers and prisons in Busan. SK took over #TAKESHIMA.
The Japanese capitulated to South Korea’s aggressive “hostage-taking” and surrendered civilian assets under the Japan-South Korea Agreement, promising a total of US$500 million (US$300 million for free and US$200 million for compensation),
日本を守ろう 