South Korea moves Japan out of the White List since September: it will respond calmly

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 South Korea moves Japan out of the White List since September: it will respond calmly


Another cadre of Japans Ministry of Foreign Affairs pointed out that we do not believe that this measure by South Korea will immediately have a serious impact on Japan, and we need to wait and see what changes have taken place, in order to express that we will make a calm judgement of the future situation.

According to reports, South Koreas decision to cancel Japans preferential treatment for exports was announced by Cheng Yunmo, Minister of Industry, Commerce and Resources of South Korea, at a press conference held on 12 p.m. local time. Cheng Yunmou said that more stringent approval standards will be adopted for Japanese exports. In view of this, Koreas export review documents to Japan will be increased, and the approval time will be extended.

Regarding the background of the removal of Japan, Cheng said: It is difficult for us to cooperate closely with countries that do not abide by the basic principles of the export management system or continue to operate improperly. In view of this, the system needs to be adjusted. Cheng Yunmou also revealed that the plan is to solicit public opinion in China within the next 20 days, starting in September to implement the new system. On this basis, Cheng Yunmo also said: During the period of public consultation, if Japan requests consultation, we are ready for consultation at any time and anywhere. However, South Koreas Central Daily also said that it is still uncertain whether the elimination of Japans white export list will impact Japan. Because of strategic materials such as steel, metals, cutting-edge scientific and technological materials, Koreas export rate to Japan is very small. Koreas strict control of exports to Japan will bring greater blow to Korean enterprises. Source: He Yufang_NN5632, Responsible Editor of CNN

Regarding the background of the removal of Japan, Cheng said: It is difficult for us to cooperate closely with countries that do not abide by the basic principles of the export management system or continue to operate improperly. In view of this, the system needs to be adjusted. Cheng Yunmou also revealed that the plan is to solicit public opinion in China within the next 20 days, starting in September to implement the new system.

On this basis, Cheng Yunmo also said: During the period of public consultation, if Japan requests consultation, we are ready for consultation at any time and anywhere.

However, South Koreas Central Daily also said that it is still uncertain whether the elimination of Japans white export list will impact Japan. Because of strategic materials such as steel, metals, cutting-edge scientific and technological materials, Koreas export rate to Japan is very small. Koreas strict control of exports to Japan will bring greater blow to Korean enterprises.