Leaders of Japan, China, S.Korea begin three-way summit

The leaders of Japan, China and South Korea have begun talks in Seoul. It's the first time for the three countries to hold a three-way summit in four and a half years.

Japanese Prime Minister Kishida Fumio, Chinese Premier Li Qiang and South Korean President Yoon Suk-yeol began their talks Monday morning.

The three leaders are expected to agree to cooperate on a range of issues, including the economy, people-to-people exchanges, the declining birthrate and aging population, climate change, and measures against infectious diseases.

The leaders will also likely agree that their countries will conduct discussions toward moving forward the stalled negotiations on a trilateral free trade agreement.

Keeping in mind China's economic practices that some call "unfair," the Japanese leader intends to stress the importance of a free, fair and rules-based response.

The three plan to exchange views on regional issues. They are expected to confirm that the denuclearization of North Korea and stability of the Korean Peninsula are in the common interests of the three countries.

The three leaders will also likely discuss North Korea's plan to soon launch what it calls an artificial satellite following the notification issued by Pyongyang.

The leaders are also expected to agree to hold a summit on a regular basis.

They plan to release a joint declaration summarizing their talks.