Isle row threatens to derail Japan-S. Korea bond purchase deal
TOKYO. August 24 KAZINFORM Japan could shelve a plan to purchase South Korean government bonds amid growing tensions over a territorial dispute, Japanese Finance Minister Jun Azumi indicated Friday, apparently seeking an apology from Seoul for "excessive behavior" by its president.
Azumi also told reporters that whether Japan will continue to help its Asian neighbor to secure sufficient dollar funds depends on how it responds to Tokyo's frustration over South Korean President Lee Myung Bak's landing on islets claimed by Japan earlier this month and his call for an apology from the Japanese emperor for its past colonial rule, Kyodo reports.
The situation seems to have escalated to a level where "the people of Japan can no longer consider the economy and politics as separate," Azumi said.
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