Seko says seeking explanation for South Korea's removal of Japan trade status
Reuters
Published Aug 14, 2019 10:04PM ET
Seko says seeking explanation for South Korea's removal of Japan trade status
TOKYO (Reuters) - Japanese industry minister Hiroshige Seko said on Thursday that South Korea's reason for deciding to revoke Japan's preferential trade status was unclear and that he was seeking a detailed explanation.
Seko also told a news conference there would be little impact from the move on Japan's economy.
South Korea on Monday said it would remove Japan from a list of countries with fast-track trade status from September, citing problems with export control measures. The move deepens a diplomatic rift between the two Asian neighbors.
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Written By: Reuters
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