The Republic of Korea has brought Japan back to its preferred trading partners list, which simplifies the procedures necessary for the export of strategic goods. It has been reported Yonhap News Agency Regarding the Ministry of Commerce, Industry and Energy of South Korea.
The publication states that after a similar step by the Japanese side, Seoul removed Tokyo from this list in 2019.
In March, Japan lifted export restrictions on three types of materials required for semiconductor manufacturing. In response, Seoul withdrew its complaint to the World Trade Organization.
Inclusion in the list reduces the amount and time required for the export of goods of a strategic nature. It now includes 29 countries.
Former representative of the South Korean Navy knowledgeable about the start of a tripartite missile defense exercise involving the country, the United States and Japan.
According to him, these maneuvers are “an opportunity to strengthen cooperation in the field of security” between the three states against the backdrop of “missile and nuclear threats to North Korea”, and the United States is an opportunity to expand the capabilities of the South Koreans. and Japanese navies “in the area of responding to ballistic missile launches.”