Japan axes South Korea from special trade list

JUNG YEON-JE / AFP

Japan no longer considers South Korea as a trusted trading partner. 

The Japanese cabinet announced on Friday that it is striking its neighbours from a “white list” of countries that have fast-track export status.

Seoul has responded strongly to the decision, with a government spokesperson saying: "Our government will sternly respond to Japan's unfair decision."

The latest development has further soured relations between the two countries. 

Japan and South Korea are already at odds over compensation for wartime forced laborers.

More from International

Coming Up on Dubai Eye

  • The Business Breakfast

    7:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • The Agenda with Tom Urquhart

    10:00am - 1:00pm

    Your chance to have your say and debate the issues you love or loathe. It’s the chance to set The Agenda on the big topics of the day.

On Dubai Eye