Japan introduced a choice Tuesday to reinstate South Korea as a most well-liked nation with fast-track commerce standing beginning July 21, nearly ending a four-year financial row that was additional strained throughout their bitter historic disputes.
Trade Minister Yasutoshi Nishimura instructed reporters that Japan and South Korea have additionally agreed to arrange a framework to evaluation and observe up on the programs as wanted.
Japan and South Korea have been quickly mending their ties as they deepen three-way safety cooperation with Washington in response to rising regional threats from North Korea and China.
Lee Do Woon, spokesperson of South Korean President Yoon Suk Yeol, referred to as Japan’s step a symbolic measure that underscores the nations’ “fully restored bilateral trust” and the elimination of uncertainty in commerce.
Reinstating South Korea’s preferential standing will finish a four-year commerce dispute that started in July 2019 when Japan eliminated South Korea from its “white list” of nations given fast-track approvals in commerce as ties deteriorated over compensation for Japanese wartime actions.
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Japan to reinstate South Korea as most well-liked commerce nation
usnews.com – Jun 27
Japan introduced a choice Tuesday to reinstate South Korea as a most well-liked nation with fast-track commerce standing beginning July 21, nearly ending a four-year financial row that was additional strained throughout their bitter historic disputes.

Japan declares plans to host assembly on Ukraine’s reconstruction
CNA – Jun 23
Leaders from greater than 60 nations are attending the Ukraine Recovery Conference in London. Japan’s overseas ministry mentioned its assembly might be held on the finish of this yr. It goals to resume Tokyo’s dedication to rebuilding Ukraine, which remains to be at conflict with Russia.

Public opposition grows over My Number and medical insurance merger
Japan Times – Jun 21
As errors and privateness breaches involving the linkage of My Number and medical insurance playing cards proceed to floor, public opposition is rising over the federal government’s determination to halt the usage of present medical insurance playing cards within the fall of 2024.

U.S. army drag present ban reverberates distant in Japan
Japan Times – Jun 19
The LGBTQ group at U.S. army bases positioned all through Japan has been rocked by the ban on drag reveals at army bases carried out by the U.S. authorities firstly of Pride month, on June 1, with the choice coming as a disappointment to those that have been gearing up for celebrations this month.

Japan searches for a brand new grand technique
East Asia Forum – Jun 19
Last week Japan adopted its first ever area safety blueprint geared toward higher utilizing area for defensive functions. This builds on the three new safety paperwork launched by Prime Minister Fumio Kishida’s administration in December 2022, wherein it dedicated to doubling defence spending to 2 per cent of GDP by 2027 and investing in Tomahawk missiles to develop missile counter-strike capabilities.

Japan emperor to fulfill with President Widodo on June 19
Antara – Jun 18
The Emperor of Japan, Hironomiya Naruhito, and Empress Masako Owada will meet President Joko Widodo on Monday on the Presidential Palace in Bogor, West Java, throughout their inaugural go to to Indonesia.
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