Japan to restore preferred trade status for South Korea
Briefly

Japan's trade ministry on Friday said it has begun procedures to restore preferential trade status for South Korea, days after Seoul took a similar step for Tokyo and requested reciprocity, and more than three years after the countries downgraded each other during a bitter historical dispute.Japan's Ministry of Economy, Trade and Industry said talks with South Korea this month showed that its controls over trade in sensitive materials with both civilian and military uses are now as effective as those used by Japan.
Read at www.independent.co.uk
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