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Japan, S Korea to cooperate on 2018, 2020 Games

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virggil98: I see you were writing to black-jack. Anyway, the Mormon City in USA had Olympic 2002, You have to realize some pe3ople are not familiar with Olympic but comment to bush Korea. that backfire their purpose. Maybe they now will bash these two men with better understanding of 2018 and 2020 after thanking Mr. Homes?

0 ( +0 / -0 )

WC2002 is not Olympics, but the World Cup 2002 (soccer) held in Japan and Korea.

Elementary, Mr. Watson.

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virgil: 2002 Winter Olympic was held in Salt Lake City, USA. Not in Korea. /

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@toshiko

Did you really read my post from the top?

black_jack criticized Korea not returning the money borrowed from Japan for WC2002, and Mitch requested the source.

I had the source, so I posted that Korea borrowed money at that time, even though it was not particularly for WC2002, but they paid back almost.

Why should I be criticized?

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virgo88: The headline clearly stated 2018 and 2020. Other people are not writing 2002. How about you talk about 2018 and 2020 like other comment writers? Top sportsmen talks we are evaluating. Nothing about their government spending in something else many years else.
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@black_jack

What do you mean by "cooperate"? Does it mean that Japan is going to fund Korea to build the stadium and other olympic facilities just like in WC2002 where Korea did not show any fraction of appreciation and has not returned the money that they borrowed yet?

@Mitch Cohen

@black_jack: This is new to me. You mean Korea borrowed money from Japan to build stadiums and defaulted on the loan? Do you have any source? Thanks.

This is partly true.

Korea, under the Asian Financial Crisis, requested Japan for financial support of 30 billion yen for WC2002, and Japan accepted this. But later, as the economy in Korea recovered, they withdrew their request.

However, Korea faced another financial crisis after 9.11 in 2001. After all, they borrowed 2.3 billion dollars (about 300 billion yen at that time) through Japan Export-Import Bank (JEXIM).

They keep paying back this amount, and the balance in 2012 was 23.3 billion yen.

I could only find references in Japanese. See the second section from the bottom.

http://www.skept.org/hoki01.html#c

Also, see Page 94 of the statistics of Japan Bank for International Cooperation (mergered bank of JEXIM and OECF).

http://www.jbic.go.jp/ja/about/business/year/2012/pdf/2012_06_statistics.pdf

Please note that the unit shown is "oku-en (hundred thousand)", not "billion".

Why I said "partly" is, it is true in any case that Korea could host the WC2002 owing to the financial assitance from Japan. But they have paid back about 90% of the amount so far.

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The remarkable sportsmanship with these two top sport men from two countries. Hope politicians learned how to behave from these two gentlemen. cooperation is not same as help but if they help each other to isolate China, better than China's plan to boss S. Korea and Japan will be crushed. China style communism, both countries have to avoid.

-1 ( +1 / -2 )

I can't imagine how Korea is going to help Japan for 2020

And I can't imagine how Japan is going to help Korea for 2018. You are aware that Korean Olympic reps did vote for Tokyo to get the games right?

They said they will "cooperate", not "help" each other. Perhaps they meant they will promote each other's Olympics to their populations and encourage tourism. Who knows, but nobody really cares anyway, why Japanese netizens get hostile over harmless news?

-2 ( +6 / -8 )

I can't imagine how Korea is going to help Japan for 2020

South Korea won 13 gold medals in London (Japan 7) and in Beijing (Japan 9) so the JOC intends to learn of their winning techniques etc.

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This is great news. Good luck to both countries on their respective events.

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Don`t forget to cooperate on the Rugby World Cup in 2019! it might get swept under the carpet...

-1 ( +0 / -1 )

lol.. why would Korea need foreign aid from Japan to stage the winter games? Korea now has higher account surplus than Japan and Korea has less debt than Japan, and Korea's sovereign credit rating is rated higher than Japan. Pure nonsense.

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Here's a news for you blackjack, Japan is contaminated with radiation. What's wrong with telling the truth? And what request for "financial and technological aid"? Is this another fantasy news from 2ch? The trouble with galapasgos way of thinking, I suppose.

-7 ( +6 / -13 )

Does the word "shame" exist in the Korean language? They protested and lobbied against Tokyo 2020 sending tons of letters and e-mails to the IOC members and international media. The Korean government banned sea products from even some Japanese prefectures that don't face the sea and thus do not produce or export sea products just before the IOC meeting to give the impression that Japan is contaminated with radiation. But when the event was awarded to Tokyo they suddenly started to pretend as if they were supporting Tokyo 2020, and now are asking for cooperation (i.e. one-sided aid from Japan to Korea) because they are having troubles in their plan for 2018 games. I can't imagine how Korea is going to help Japan for 2020. Are they going to provide financial and technological help to Japan? Just like during WWII, this shows how quickly and easily they switch the side for their own interest without feeling any shame.

-1 ( +7 / -8 )

It is strange how a group of Koreans demonstrated and protested Japan to be awarded the Olympic but now they wanted to share a piece of the cake after Tokyo won the world best ever event!

Anyway, it is a highly positive move by the Japanese Official. I sincerely hope not only Japan and Korea but all countries should cooperate together regardless their differences. Sadly, this is never always the case in many instances as some countries always so ego and wanted to show their superiority over another.

Sports should be kept separated from Politics in the first place. Keep up with the positive move and continue with the good path!

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Yes! finally some cooperation!

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Korean papers are now reporting that 2020 Tokyo Olympic is an obstacle to the proposed Busan Olympic in South Korea in 2024

@CH3CHO: Desperate to put a negative spin on this story somehow? Of course any Korean bids for the Summer Olympic games in 2024 is weakend by a nearby country hosting it in 2020.

What do you mean by "cooperate"? Does it mean that Japan is going to fund Korea to build the stadium and other olympic facilities just like in WC2002 where Korea did not show any fraction of appreciation and has not returned the money that they borrowed yet?

@black_jack: This is new to me. You mean Korea borrowed money from Japan to build stadiums and defaulted on the loan? Do you have any source? Thanks.

-2 ( +4 / -6 )

Saw loads of Japanese people commenting about this - saying the SKeans are going to flip Japan the bird after their games are done and leave Japan hanging to foot the bill, ie one-way street.

I personally think it's a good thing, and something Asia should be focusing on more!!

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Both commented with their sportsmanship.

-2 ( +0 / -2 )

What do you mean by "cooperate"? Does it mean that Japan is going to fund Korea to build the stadium and other olympic facilities just like in WC2002 where Korea did not show any fraction of appreciation and has not returned the money that they borrowed yet?

-6 ( +3 / -9 )

C'mon! Even I think this is a good thing! Why the cynicism?

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Daijoboots: It would have been pretty silly for them to enter a bid, but they can only blame it on themselves. That said, this nation also tends to go a little over the top when bidding for international events: WC, Olympics... you name it. I've no doubt another Japanese city will try to bid for the next games -- winter or summer.

-1 ( +3 / -4 )

I'd say SK having the 2018 Games is far more of an obstacle if there is one.

No kidding. Were the people of Busan happy to have their city bidding for mission impossible? At least they can blame the Japanese now, that's got to be worth a lot.

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After living here for more than half a century, I know how the Japanese and Koreans feel about each other. I think it's time to break the ice.

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ch3cho: "Korean papers are now reporting that 2020 Tokyo Olympic is an obstacle to the proposed Busan Olympic in South Korea in 2024. http://english.chosun.com/site/data/html_dir/2013/09/10/2013091001475.html"

And your point is? Proximity to the last event is often a factor in decision making, though I'd say SK having the 2018 Games is far more of an obstacle if there is one.

Anyway, here's hoping they live up to this agreement. Leave it to sports to draw people together.

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Korean papers are now reporting that 2020 Tokyo Olympic is an obstacle to the proposed Busan Olympic in South Korea in 2024. http://english.chosun.com/site/data/html_dir/2013/09/10/2013091001475.html

-1 ( +5 / -6 )

Just keep politics out of it and I'm sure it could work well.

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“We are in a difficult time but we have maintained good relations in sports,” he added.

Yeah unfurling derogatroy banners at sport events is good relations is it?

-1 ( +6 / -7 )

South Korea and Japan remind me of France and Germany in 1952: They should recognize that they have more things that binds them together than things that divide them, and that a strategic partnership between thsee 2 democracies can become the core of a dynamic community of prosperous Asian democracies (add Taiwan into the mix).

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Give them time, they'll come to their senses and be back at each other's throats soon enough.

0 ( +5 / -5 )

Finally some sanity.

8 ( +11 / -3 )

Yeah, what's that about keeping your friends close and your enemies closer?

-5 ( +2 / -7 )

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