South Korea summoned the Japanese ambassador to protest the decision to abolish Seoul’s accelerated export status, which entered into force on Wednesday amid deepening political and economic hatred. This month, Japan excluded South Korea from the so-called “white list” of selected trading partners, which could mean increased paperwork and on-site inspections for some Japanese exporters, and possibly slowing shipments of some goods. This move, which took effect on Wednesday, prompted South Korea to refuse to Japan from its preferred trading list and to abandon the agreement on the exchange of intelligence. The Deputy National Security Advisor of South Korea, Kim Hyun Jong, said that he deeply regrets that the decision of Japan to abandon the accelerated export status for South Korea has entered into force. Teletrade department
