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UPDATE: Saturday, June 12, 2010      The Japan Times Weekly    2006年5月13日号 (バックナンバー)
 
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S. Korea to develop disputed isles

South Korea on May 4 announced a five-year plan to explore and develop resources in waters surrounding a string of disputed islets in a move to bolster its control over the territory, which is also claimed by Japan.

South Korea said it will spend about 34 billion won (¥4.1 billion) until 2010 to explore and manage fisheries and mineral resources in waters around the islets, called Dokdo in Korean and Takeshima in Japanese.

They lie roughly halfway between the two countries, and have been under South Korea's control since the 1950s.

The figure includes 7.8 billion won specifically for environmental protection of the islets and the surrounding area.

"Dokdo is clearly our territory and a precious natural heritage," said Kang Moo-hyun, vice minister of maritime affairs and fisheries. "We need to give opportunities to current and future generations to equally use Dokdo and share the benefits."

The Japan Times Weekly: May 13, 2006
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