[In-depth] Japan Ramps up retaliation against S. Korea
- 5 years ago
한국에 대한 경제보복을 늘린 일본
It's time now for an in-depth look at the Japan trade situation with an expert on the subject, and for that, I'm joined by Dr. Yang Junsok, professor of economics at the Catholic University of Korea.
Dr. Yang, thank you for coming on today.
You're welcome.
Despite the best efforts of the South Korean government to try and stop this, Japan is going ahead and taking Korea off the white list. Take us back and explain why they ultimately decided to do this?
Now we've got the white list situation plus what happened about a month ago when Japan started restricting exports of those three key materials for semiconductors and displays. There are so many questions about what the practical effects of this will be for the companies concerned. How does it look going forward in terms of process and the related difficulties?
Between now and when Korea is actually taken off the white list, we have less than four weeks. What can the Korean government and industry do to get ready? What do they need to do?
Alright, Dr. Yang. We'll have to leave it there for today. Thanks so much for sharing your insights with us.
[LIVE] SEOUL'S FINANCE CHIEF ON JAPAN'S WHITELIST DECISION
Hong: Japan’s export curbs to deliver blow to both sides.
Japan’s Actions Disturb Global economy, Value Chain.
Japan must agree to rational Discussion over trade spat.
S. Korean Gov’t to help reduce trade dependency on japan for affected sectors
S. Korea will also exclude japan from whitelist.
S. Korea to Continue calling on japan for Retraction of export curbs.
Seoul to roll out support measures, Information for Affected firms.
S. Korea to launch website to provide key information for firms affected by Japan’s export curbs.
Seoul to streamline customs procedures, Clearance for affected products.
S. Korea to provide R&D Support for local firms to develop key technologies.
Supplementary Budget could be set aside for affected firms in 2020
Gov’t to offer tax benefits, financial Measures to help affected local firms.
Gov’t will secure Massive Budget for Affected Companies to spark R&D
Gov’t To offer Tax benefits, Financial Measures to Help Affected local Firms.
S. Korea to reduce trade reliance on Japan, increase Global Trade Cooperation.
S. korea will Grow resilient Industry, Inject Massive Budget into R&D.
Gov’t bodies will Quickly Review, Minimize damage on local firms.
- Seoul Government Complex
It's time now for an in-depth look at the Japan trade situation with an expert on the subject, and for that, I'm joined by Dr. Yang Junsok, professor of economics at the Catholic University of Korea.
Dr. Yang, thank you for coming on today.
You're welcome.
Despite the best efforts of the South Korean government to try and stop this, Japan is going ahead and taking Korea off the white list. Take us back and explain why they ultimately decided to do this?
Now we've got the white list situation plus what happened about a month ago when Japan started restricting exports of those three key materials for semiconductors and displays. There are so many questions about what the practical effects of this will be for the companies concerned. How does it look going forward in terms of process and the related difficulties?
Between now and when Korea is actually taken off the white list, we have less than four weeks. What can the Korean government and industry do to get ready? What do they need to do?
Alright, Dr. Yang. We'll have to leave it there for today. Thanks so much for sharing your insights with us.
[LIVE] SEOUL'S FINANCE CHIEF ON JAPAN'S WHITELIST DECISION
Hong: Japan’s export curbs to deliver blow to both sides.
Japan’s Actions Disturb Global economy, Value Chain.
Japan must agree to rational Discussion over trade spat.
S. Korean Gov’t to help reduce trade dependency on japan for affected sectors
S. Korea will also exclude japan from whitelist.
S. Korea to Continue calling on japan for Retraction of export curbs.
Seoul to roll out support measures, Information for Affected firms.
S. Korea to launch website to provide key information for firms affected by Japan’s export curbs.
Seoul to streamline customs procedures, Clearance for affected products.
S. Korea to provide R&D Support for local firms to develop key technologies.
Supplementary Budget could be set aside for affected firms in 2020
Gov’t to offer tax benefits, financial Measures to help affected local firms.
Gov’t will secure Massive Budget for Affected Companies to spark R&D
Gov’t To offer Tax benefits, Financial Measures to Help Affected local Firms.
S. Korea to reduce trade reliance on Japan, increase Global Trade Cooperation.
S. korea will Grow resilient Industry, Inject Massive Budget into R&D.
Gov’t bodies will Quickly Review, Minimize damage on local firms.
- Seoul Government Complex