lunes, 5 de agosto de 2019

Japan Update

August 3, 2019


Japan suppliers fear lost 

sales as export controls 

target Seoul

TOKYO/SEOUL -- With Japan 
 set to delete South Korea from its
 list of trusted trade partners, manufacturers in both countries
 are bracing for wider disruptions
to their cross-border supply chains.

The Aug. 28 removal will mean
 more red tape for Japanese exports
 to South Korea, whose companies 
are adding months of extra 
inventories of key materials 
and hinting they may find alternative sources.

The change in status could hit a 
broader range of South Korean 
sectors -- including fuel cell vehicles,
 a priority for Seoul -- than existing Japanese curbs on exports.

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