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South Korea summons Japan ambassador as export trade curbs take effect


REUTERS/Kim Kyung-Hoon/File Photo


South Korea summoned Japan’s ambassador to protest a decision to remove Seoul’s fast-track export status, which took effect on Wednesday amid a deepening political and economic feud.


Japan dropped South Korea from a so-called “white list” of favored trade partners this month, which could mean more paperwork and on-site inspections for some Japanese exporters and potentially slow supplies of a range of goods.


The move, which came into force on Wednesday, prompted South Korea to drop Japan from its favored trading list and scrap an intelligence-sharing agreement.


South Korean deputy national security adviser Kim Hyun-chong said it was deeply regrettable that Japan’s decision to scrap fast-track export status for South Korea has taken effect.


South Korea would be willing to reconsider its decision to end the intelligence-sharing pact if Tokyo corrected its “unjust measures”, Kim told a news conference.


“I want to stress the ball is in Japan’s court,” he said.



28th August 2019

Reuters

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