Kyodo reported from Seoul on local media stories saying that the Yoon administration is weighing several ideas to resolve the dispute with Japan over former requisitioned workers, such as the establishment of a 30-billion-won ($23 million) fund by Japanese and South Korean companies to pay compensation to the wartime forced labor victims. The ROK Foreign Ministry will reportedly launch a taskforce involving government officials, supporters of the victims, and academics to seek their advice on the idea. The Yoon administration is reportedly looking to start high-level discussions with the Japanese side soon after the Upper House election on July 10 with the goal of improving bilateral relations expeditiously.