After decades of back and forth over seemingly unresolvable issues between Japan and South Korea, the two governments have reached what is being called an “irreversible” solution to the issue concerning Japan’s colonial-era sexual enslavement of Korean women.

Japanese Foreign Minister Fumio Kishida and his South Korean counterpart, Yun Byung-se, made the announcement following their closed door meeting Monday.

Yun said that if Japan maintains its side of the agreement, Korea will consider the issue “finally and irreversibly” resolved.

Along with a handwritten apology from Japanese Prime Minister Shinzo Abe, the agreement provides that Japan will contribute 1 billion yen ($8.3 million) towards a foundation to support the surviving victims.

“Prime Minister Abe expresses anew his most sincere apologies and remorse to all the women who underwent immeasurable and painful experiences and suffered incurable physical and psychological wounds as comfort women,” Kishida said.

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