On December 28, 2015, Prime Minister Shinzo Abe and South Korean President Park Geun-hye reached a formal agreement to settle the dispute. Abe again expressed his most sincere apologies and remorse to all the women and acknowledged that they had undergone immeasurable and painful experiences and suffered incurable physical and psychological wounds as comfort women. He stated that Japan continued to hold the position that issues relating to property and claims between Japan and the ROK, including the issue of comfort women, had been settled completely and finally by the Japan-ROK Claims Settlement and Economic Cooperation Agreement of 1965 and welcomed the fact that the issue of comfort women is resolved “finally and irreversibly” with this agreement.