And now, let's take a look at how South Korea is reacting to the news.<br />The presidential office had been closely monitoring the situation,... and we go straight to our Blue House correspondent Shin Se-min for more details.<br />Se-min, what are we learning so far?<br /><br /><br />The top office has just moments ago released its stance on Japan's decision to remove South Korea from its whitelist of trading partners.<br />Presidential Office spokesperson Ko Min-jung, holding a brief press conference within the past hour or so,... said South Korea expresses deep regret over Japan's decision,... and sent out a warning saying Seoul will handle the situation with strong determination.<br />Listen to this.<br /><br />"The South Korean government was open to resolving the matter through talks until the last moment. We will deal with the unfair measures in a resolute manner."<br /><br />The spokesperson also reconfirmed Seoul was open till the last minute to hold bilateral talks, as a means of resolving the matter diplomatically,... but as we all know now, Japan made its decision anyway.<br />Later today,... the spokesperson said President Moon Jae-in will express his stance during a Cabinet meeting he has convened in the afternoon.<br />Moving forward,... the presidential office said it will establish a task force to monitor and control the situation.<br /><br />About that Cabinet meeting,... what sort of a message are we expecting from the South Korean government?<br />That meeting I believe was scheduled at the last minute too,... tell us more.<br /><br /><br />Right, normally Cabinet meetings are held every Tuesday,...but given the situation,... the president has convened an emergency Cabinet meeting today at 2PM, Korea time.<br />Also,... unlike many other Cabinet meetings, it will be broadcast live on TV in South Korea.<br />As for the message,... we are expecting that President Moon Jae-in will send out a determined message to Japan.<br />This shows the South Korean government is wasting no time in its response against Tokyo.<br />Jiyoon?<br />
