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Japan risking its reputation on trade, diplomacy by targeting S. Korea with trade curbs: Foreign analysts

2019-08-07 10 Dailymotion

"한•일갈등에 일본 이미지 훼손•••아베, 성찰해야": 美 전문가들<br /><br />A number of global think tanks and publications highlighted the error of Japan's trade measures.<br />Some point out, such unilateral moves tarnish the Abe administration's global reputation.<br />Oh Soo-young zooms in on these commentaries.<br />By starting a trade row with South Korea, Japan is risking its long-term interests and its carefully crafted reputation.<br />That's according to commentaries on Tuesday by various global analysts.<br />An article in Foreign Policy magazine highlights the political and economic ramifications of Japan's decision.<br />It says the Abe administration seems "unprepared" for what it calls the impending "blowback."<br />The article says Japan's use of trade regulations for politics will make it appear "unreliable" and prompt other global businesses to switch to suppliers they feel they can depend on.<br />The article also notes that Japanese firms have already seen revenues from South Korea fall by double-digit percentages in retail and tourism,... as South Korean consumers and tourists boycott Japanese goods and travel to the country.<br />The article says Tokyo started a trade war that it wasn't ready to fight,... and notes that Shinzo Abe's "unreadiness to compromise" on bilateral sticking points,... makes Tokyo look like the one that's "extreme."<br />Another article published by the U.S.-based Center for Strategic and International Studies says Japan's image as an economic leader has been "tarnished."<br />Tokyo has undermined its earlier endorsements of global trade links and economic diplomacy,... thereby also diminishing<br />Seoul's support for such initiatives in trade, infrastructure and digital laws.<br />The article urges the two sides to engage in constructive working-level talks and not to escalate their dispute.<br />As for the export controls, it recommends that Japan suspend them.<br />Oh Soo-young, Arirang News.<br />

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