S. Korea to reopen WTO complaint over trade dispute with Japan – Yonhap
|According to the news agency, Yonhap, South Korea is considering reopening the World Trade Organization (WTO) complaint about the trade dispute with Japan, as cited by the Trade Ministry.
This comes after both sides after the talks failed to resolve the trade disputes over wartime history.
In July last year, Japan announced export restrictions to the imports of South Korean three materials used to make semiconductors and displays.
Market reaction
USD/JPY is little changed on the above headlines, keeping its range play intact around 107.70 ahead of the European open. Meanwhile, USD/KRW consolidates near-daily highs of 1226.25, up 0.15% on the day.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.