Moon warns Japan of severe consequences for export restrictions
(VOVWORLD) - President Moon Jae-in warned Friday that Japan will face severe consequences relating to its reckless decision to drop South Korea from its list of favored trade partners.
 South Korean President Moon Jae-in (Photo: AFP/VNA) |
At an emergency Cabinet meeting, Moon described Tokyo's move to expand export restrictions as a "grave challenge" to bilateral relations and a "selfish" act that will heavily damage the global economy.
He said that Japan has flatly ignored efforts by South Korea and the international community to resolve the issue diplomatically.
Moon said Tokyo should take responsibility for worsening the situation. In response to Japan's "unjust economic retaliation," he added, the South Korean government will resolutely undertake "corresponding" measures moving forward.