Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

Japan says South Korea failed to justify trade restriction

Japan says South Korea failed to justify trade restriction
Members of a conservative civic group chant slogans during an anti-Japan protest in Seoul, South Korea, August 13, 2019. REUTERS/Kim Hong-Ji -
Copyright
KIM HONG-JI(Reuters)
Euronews logo
Text size Aa Aa

By Daniel Leussink

TOKYO (Reuters) – Japan hit back at South Korea on Tuesday for removing Tokyo’s fast-track trade status, with the industry minister saying Seoul had failed to explain its reason for the latest move in an escalating trade row.

South Korea signalled plans on Monday to remove Japan from a list of countries with fast-track trade status from September, citing problems with export control measures.

Japanese Industry Minister Hiroshige Seko said Seoul had failed to show how Japan had purportedly fallen short of international export control measures.

“From the start, it is totally unclear under what basis South Korea can say that Japan’s export control measures don’t meet the export control regime,” Seko said on Twitter.

The tighter trade regulations, including potential lengthy permit application processes, will apply to South Korean exports to Japan.

Japan announced earlier this month that it was removing South Korea from its own “white list” of countries that have enjoyed minimum trade restrictions, citing an erosion of trust.

“The Japanese government made a decision to exclude South Korea from white-listed countries, following export restrictions,” South Korean President Moon Jae-in said on Tuesday, without mentioning South Korea’s own measures.

“It is disappointing and regrettable in light of the two countries’ shared efforts for friendship and cooperation,” Moon said at a lunch for activists who fought for independence during the 1910-1945 Japanese occupation of the Korean peninsula.

South Korea would continue trying to resolve the issue diplomatically, he said.

Relations between the two countries have deteriorated since a ruling by South Korea’s Supreme Court last year that Japanese companies should compensate South Koreans who were conscripted as forced labourers during World War Two.

(Reporting by Daniel Leussink; Additional reporting by Joyce Lee in SEOUL; Editing by David Dolan and Michael Perry)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.