National Affairs

The South Korean government on July 12 expressed deep regret over Japanese allegations that South Korean companies violated sanctions against North Korea by making unauthorized exports of strategic materials to the North, and proposed an international probe into Tokyo's suspicions.


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Trade minister calls Japan's export restrictions on Korea 'groundless'

Trade minister calls Japan's export restrictions on Korea 'groundless'

Minister of Trade, Industry and Energy Sung Yunmo on July 24 says in a briefing at Government Complex Seoul that the government sent a letter to Japan on the latter's pus...

Jul 24,2019

Trade ministry to urge retraction of Japan's export restrictions at WTO meeting

Trade ministry to urge retraction of Japan's export restrictions at WTO meeting

Kim Seung-ho, director general for international trade and legal affairs at the Ministry of Trade, Industry and Energy, on July 22 talks to reporters about Korea's s...

Jul 23,2019

President Moon says Korea can surpass Japan economically

President Moon says Korea can surpass Japan economically

President Moon on July 22 told a meeting of his senior secretaries at Cheong Wa Dae, "We have thus far surpassed Japan's absolute (economic) advantages one by one." (Cheo...

Jul 23,2019

North Korea slams Japan's export restrictions on SK

North Korea slams Japan's export restrictions on SK

North Koreans are shown reading a copy of The Rodong Shinmun (Labor Newspaper) at a kiosk installed at Pyeongyang Station. The North's media slammed Japan for imposing ex...

Jul 22,2019

Bloomberg editorial urges Japan PM to stop 'foolish trade war'

Bloomberg editorial urges Japan PM to stop 'foolish trade war'

Bloomberg News on July 22 criticized Japan's trade restrictions on Korea in an editorial titled "Abe's Trade War With South Korea Is Hopeless." (Screen capture from Bloom...

Jul 22,2019

Cheong Wa Dae rejects Japan's arbitration committee proposal

Cheong Wa Dae rejects Japan's arbitration committee proposal

This statue located at Yongsan Station Square in Seoul is a memorial to Korean victims of forced labor during Japanese colonial rule of the Korean Peninsula. (Korea.net D...

Jul 19,2019

Japanese Korean scholar: Japan prepared economic sanctions 6 years ago

Japanese Korean scholar: Japan prepared economic sanctions 6 years ago

Pictured is a column on Japan's recent economic sanctions on Korea by Yuji Hosaka, a Japanese Korean professor at Sejong University in Seoul, that was posted on July 19 o...

Jul 19,2019

Trade ministry urges director general-level talks on Japan's export curbs

Trade ministry urges director general-level talks on Japan's export curbs

Lee Ho-hyeon, director general of the Ministry of Trade, Industry and Energy's trade policy bureau, on July 19 announces the government's stance on Japan's export curbs o...

Jul 19,2019

Korea outranks Japan in control of strategic items: US think tank

Korea outranks Japan in control of strategic items: US think tank

Korea in May this year received a far higher ranking (17th) than Japan (36th) in the control of strategic materials trade, according to the U.S.-based Institute for Scien...

Jul 18,2019

Foreign media paying closer attention to Korea-Japan trade row

Foreign media paying closer attention to Korea-Japan trade row

Korea's trade spat with Japan has continued to worsen since Tokyo imposed export restrictions on its neighboring country. (iclickart)By Kang Gahui and Lee Jihae After Pre...

Jul 18,2019