SEOUL, Aug. 2 (Korea Bizwire) — South Korean citizens and civic groups on Friday condemned Japan’s decision to remove their country of a list of trusted trading partners, calling on the Korean government to take an active step to tackle the trade row. Earlier in the day, Japan’s Cabinet approved a proposal to strip South [...]
SEOUL, Aug. 2 (Korea Bizwire) — Japan’s expanded export curbs appear to target key pillars and future growth drivers of the South Korean economy, but its move could create mutually damaging situations for the closely intertwined Asian economies, depending on the scope of the measures, industry watchers say. The Japanese government passed a bill Friday [...]
SEOUL, Aug. 2 (Korea Bizwire) — Despite what Japan cites as reasons for its curbs on exports to South Korea, the country may have hidden motives that include an attempt to evade responsibility for its past wrongdoings, officials here say. On July 4, Tokyo implemented tougher restrictions on South Korea-bound shipments of three materials — [...]
SEOUL, Aug. 2 (Korea Bizwire) — Calls for a boycott of Japan-made goods in South Korea are expected to come to a boil as Tokyo went ahead with its threat to widen controls over exports of materials by removing Seoul from a list of trusted trade partners despite repeated calls to scrap the move. A [...]
SEOUL, Aug. 2 (Korea Bizwire) — South Korea and Japan decided Friday to delist each other as trusted trading partners, sending their trade and diplomatic row spiraling into an economic war, after Tokyo rejected Seoul’s repeated appeals for a negotiated resolution. Japan first removed South Korea from its whitelist of reliable countries earlier in the [...]