A deal between South Korea and Japan to remedy a long-running impasse over wartime labor can help them work with their U.S. ally to share intelligence on North Korea and boost their economic leverage with China, according to a top South Korean architect of the pact.

¡°We are advancing the issues of security cooperation, especially information sharing among the three countries,¡± Park Cheol-hee, chancellor of the Korea National Diplomatic Academy, said of the deal between Seoul and Tokyo that was unveiled in March.

¡°We definitely leveled up our relationship between Korea and Japan,¡± Park told Bloomberg Television on Thursday, adding the pact would help the neighbors work on economic security issues and address concerns about global supply chains.