Seoul: South Korea and Japan will hold working-level talks in Tokyo later this week to discuss the joint development of an underwater continental shelf believed to hold mass deposits of oil and other natural resources, officials said Thursday. The talks, scheduled for Friday, mark the resumption of long-suspended negotiations on the joint exploitation of the ‘Block 7’ continental shelf in the East China Sea, under a 1978 bilateral agreement, nearly four decades after the last meeting in 1985. The sixth round of negotiations on the Agreement on the Joint Development Zone (JDZ) will be led by Hwang Jun-shik, director general for international legal affairs of the South Korean foreign ministry
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