South Korea asks Japan not to drop it from smooth-trade list
SEOUL - South Korea protested on Wednesday against a Japanese plan to remove it from a list of countries that face minimum trade restrictions, saying it would undermine their decades-old economic and security cooperation and threaten free trade.
South Korea’s industry ministry said in a statement Japan’s removal of South Korea from the list would undermine their economic and security partnership. “Removal of South Korea from the white list of countries is against international norms and we are worried about its serious negative impact on global value chains and free trade,” Sung said.
Japanese broadcaster NHK reported that an unusually large number of opinions had been submitted - more than 10,000 - and most were in favor of dropping South Korea.Questions over the list come after Japan this month tightened curbs on exports of high-tech materials to South Korea. Japan’s top government spokesman said on Wednesday relations with South Korea were in a “very severe” state.U.S. tech industry groups with members including Apple sent an open letter on Tuesday to Japan and South Korea calling for a quick resolution of their dispute.
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