South Korea changes stance on Japan ...News

News by : (Russia Today) -
Seoul has put Tokyo back on its export white list three years after removing it South Korea has restored Japan’s preferred trade status, the South Korean Ministry of Trade, Industry and Energy announced on Monday through a government gazette. The move comes three years after the two nations downgraded each other’s trade status amid a diplomatic row stemming from wartime labor and compensation, along with concerns over sharing sensitive technology. The whitelisting will allow businesses involved in the export of strategic items to Japan to enjoy a shorter period of time for review and simpler paperwork to carry out

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