Japan to Bring Korea to WTO Following Shipyard Rescue – The Chosun Ilbo (English Edition): Korea Daily News


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The Japanese government has decided to sue Korea in front of the World Trade Organization for the massive rescue of shipyards in trouble.

Japan's Minister of Lands, Infrastructure, Transport and Tourism, Keichi Ishii, told reporters on Tuesday that the Korean government's support for shipyards could "distort the market and delay the resolution of water and sanitation problems." 39, excess supply ".

Tokyo estimates that the government has given Daewoo Shipbuilding and Marine Engineering nearly 12 trillion wagons, which has allowed the shipbuilder to win orders for ships at advantageous prices, leading to a drop in the market rate (1 USD = 1,125 W).

The Mainichi Shimbun daily said the problem had emerged amidst Japanese protests against the recent Supreme Court ruling ordering Japanese companies to compensate Koreans who had been forced to work during the Second World War. Some Japanese officials now want to exert economic pressure on Seoul to overturn the court's decision.

According to Japanese media, he has also decided to sue the International Court of Justice before the International Court of Justice, but the case can only be re-examined with the agreement of the Korean government.

But Tokyo has decided not to recall its ambassador to Korea, Yasumasa Nagamine, in protest because he wants to see if Seoul agrees to negotiate the ruling.

In an interview with Bloomberg, Japanese Foreign Minister Taro Kono said that no foreign country would want to work with the Korean government if the country's Supreme Court could cancel an agreement with a foreign country based on international law. He denounced the decision of the Supreme Court as a "serious challenge" for relations.

Japan believes that all claims for compensation for its colonial and World War II atrocities were settled by a lump sum payment in the 1960s, which promoted Korea's rapid economic development.

The Foreign Ministry expressed "deep regret" at Japan's "overreaction" to the decision and said its attempt to politicize the issue "will not help bilateral relations".

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