control of the island of Taiwan and a few outlying areas) severed diplomatic relations with South Korea in advance of its announcement of formal recognition of the People's Republic of China based in Beijing. The Yonhap News said in 2002 that since then relations between the two governments have been "in a rut". Japan The relation between South Korea and Japan has both political conflicts and economic intimacies. Examples of conflicts include the East sea naming dispute, visits by successive Japanese Prime Ministers to the Yasukuni Shrine and the disputed ownership of Dokdo of the island Korea. On January 18, 1952 The first president of South Korea Syngman Rhee declared that the vicinity of Dokdo was a territory of South Korea (Syngman Rhee line). Subsequently, some 3,000 Japanese fishermen who conducted fishery operations in this vicinity were captured. This incident, called the Dai Ichi Daihoumaru Ship case strained relations between South Korea and Japan. June 22, 1965, The president in South Korea Park Chung-hee concluded the Treaty on Basic Relations between Japan and South Korea As a result, Japan considered South Korea to be the legitimate successor of its rule over the Korean Peninsula. South Korea's trade with Japan was US$892.1 million in 2008, with a surplus of nearly US$327.1 million on the Japanese side. Japanese and South Koreans firms often had interdependent relations, which gave Japan advantages in South Korea's growing market. In 1996 FIFA announced that the South Korea-Japan would jointly host the 2002 FIFA World Cup. The next few years would see leaders of both countries meet to warm relations in preparations for the games. The year 2005 was designated as the "Japan-South Korea Friendship Year". However, the Liancourt Rocks controversy erupted again when Japan's Shimane Prefecture declared "Takeshima Day", inciting mass demonstrations in South Korea. Mongolia Both countries established diplomatic relations on March 26, 1990. South Korea has an embassy in Ulaanbaatar Mongolia. Mongolia has an embassy in Seoul. Philippines Since the establishment of diplomatic ties on 3 March 1949, the relationship between the Philippines and South Korea has flourished. The Philippines was one of the first countries that extended diplomatic recognition to South Korea. This was cemented with the Philippine government's deployment of the Philippine Expeditionary Force to Korea (PEFTOK) to help South Korea against the invasion of the communist North during the Korean War in the 1950s. After the war, the Philippines provided development