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ECONOMY > Trade

Tokyo raps Seoul for planned trade restriction

  • September 3, 2019
  • , Jiji Press , 11:59 p.m.
  • English Press

Tokyo, Sept. 3 (Jiji Press)–Japan’s trade ministry Tuesday criticized South Korea for its recent decision to remove Japan from a list of trusted trade partners qualified for preferential treatment.

 

The trade restrictive measure would be an “arbitrary and illegitimate” retaliatory step, the ministry said in a written opinion submitted to the South Korean government, which is seeking public comments on the measure.

 

Tokyo dropped Seoul from a similar list last month after tightening controls on semiconductor materials exports to South Korea.

 

Seoul, for its part, said it will consider removing Tokyo from its list in September. South Korea has also decided to scrap its intelligence-sharing pact with Japan, called the General Security of Military Information Agreement, or GSOMIA.

 

The ministry said Tokyo has given Seoul enough explanations about the Japanese measures.

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