The Japanese government has agreed to pay 1 billion yen, equal to about 8.3 million US dollars, into a fund to support former South Korean "comfort women." These were the women who were taken from their homes and used as sex slaves by the Japanese military during World War II.
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Japan also offered an official apology and if they follow through and pay what they pledged, South Korea will see this matter irreversibly resolved. This seems like a huge step to mend marred relations between the two Asian nations, but not everyone is supportive of the deal.
Read more about Japan's apology to South Korea:
New York Times: The Comfort Women and Japan's War on Truth
Washington Post: A (very) short history of Japan's war apologies