Japan claims it’s restricting exports to South Korea because of ‘national security.’ Here’s the real reason why
Tensions are flaring up again between South Korea and Japan. Earlier this month, Japan restricted exports of three chemicals vital to South Korea’s electronics industry, citing national security concerns. Seoul called the move “economic retaliation” and filed a complaint with the WTO. Tokyo has also threatened to remove South Korea from its “white list” of trustworthy countries for trade in sensitive materials by July 24.
To outside observers, the trade spat may seem sudden. However, the relationship has been deteriorating since last fall, when long-existing disagreements over Japan’s history with the Korean Peninsula were reignited.
South Korean court rulings precipitated the current spat.… Seguir leyendo »