SEOUL, South Korea—South Korea said Aug. 12 that it has decided to remove Japan from a list of nations receiving preferential treatment amid a diplomatic row.
It wasn’t immediately clear how South Korea’s tightened export controls would impact bilateral trade. Seoul said South Korean companies exporting to Japan will be able to receive exceptions from case-by-case inspections that are normally applied to exports to nations with lower trade status and go through a faster approval process they currently enjoy.
