SEOUL (Reuters) – South Korea said on Wednesday it was a Japanese plan to remove South Korea from the Japanese-the list of the countries that will face a minimum of restrictions, it would undermine their decades-old economic co-operation and security, and a threat to the free market.
FILE PHOTO: A police officer stands guard in the in the vicinity of the Japan and South Korea’s national flag inside a hotel in the South Korean embassy in Japan to hold the reception on the occasion of the 50th anniversary of the normalization of relations between Seoul and Tokyo, in Tokyo, June 22, 2015. (REUTERS photo/Toru Hanai/File Photo
Japan planned review of law, south africa, South Korea, the so-called white list that is in the midst of a deepening row over the fee for the war, forced labor, and, after Japan tightened up the pavement this month to export to South Korea; high-tech materials used to make memory chips and displays.
South Korea’s industry ministry said in a statement, Japan has been the removal of South Korea from the “white” list, it would be a very serious matter, that it would be detrimental to the economic and security partnership between the two countries
It prompted Japan to scrap a plan.
“This is a very serious issue that is shaking the foundation of the republic of Korea-Japan economic cooperation and the Northeast asia co-operation, which is to be maintained and developed for more than 60 years of age,” Yoon Sung-mo, South korea’s industry minister, told a briefing.
“The removal of South Korea from the “white” list of countries by the international standards and we are very concerned about the serious negative impact that will have on global value chains and free trade,” Sung said.
Japan was threatening to attack South Korea out of the “white” list of countries that will face a minimum of trade restrictions in the context of a trade control law. This would mean that the Japanese exporters are looking to have a license for items that can be used in some of the weapons-related applications.
In Japan it’s on the white list of the 27 countries, from Germany to South Korea, the united Kingdom and the United States of america.
Japan will have to decide on the revision following the compilation of the public as a whole. The date for the hearing of the opinions of the general public was on July 24th.
South korea’s ministry of industry had sent an e-mail including the request, the plan is to have the government of Japan, a ministry official said.
A japanese government spokesman was not immediately available for comment on Wednesday.
Reporting by Ju-min Park and Jane Chung; additional reporting by David Dolan in Tokyo; Editing by Robert Birsel