S. Korea Restores Japan to White List of Trusted Trading Partners

South Korea put today Japan back on its white list of trusted trading partners, as the two countries look to improve bilateral economic and diplomatic ties.

South Korean news agency Yonhap reported today that the Ministry of Trade, Industry and Energy issued a revision to its public notice on exports and imports of strategic items in the day that calls for restoring Japan’s fast-track trade status, allowing companies that export strategic items to Japan to enjoy a shorter period of time for review and simpler paperwork.

Japan was removed from South Korea’s trading partners white list in 2019.

Source: Qatar News Agency

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