Japan Moves to Return S. Korea to Fast-Track Trade ‘White List’

Japan will canvass public opinion on restoring South Korea to a "white list" of countries with fast-track trade status. (Reuters)
Japan will canvass public opinion on restoring South Korea to a "white list" of countries with fast-track trade status. (Reuters)
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Japan Moves to Return S. Korea to Fast-Track Trade ‘White List’

Japan will canvass public opinion on restoring South Korea to a "white list" of countries with fast-track trade status. (Reuters)
Japan will canvass public opinion on restoring South Korea to a "white list" of countries with fast-track trade status. (Reuters)

Japan will canvass public opinion on restoring South Korea to a "white list" of countries with fast-track trade status, the trade ministry said on Friday, a key step towards resolving an economic row that strained ties.

Japan lifted export curbs on high-tech materials to South Korea in March as the nations mended ties in the face of North Korea's frequent missile launches and China's more muscular role on the global stage.

Public comment will be sought from Friday until May 31, a Japanese trade ministry official said, but declined to elaborate.

South Korea and Japan dropped each other from their respective lists in 2019, amid a decades-old row over a 2018 South Korean court order for Japanese companies to compensate forced laborers during Japan's 1910-45 occupation of Korea.



Egypt Central Bank Keeps Key Interest Rates Unchanged

A general view of Cairo skyline during sunset, with foggy cold weather around the country, Cairo, Egypt February 2, 2023. REUTERS/Amr Abdallah Dalsh/File Photo
A general view of Cairo skyline during sunset, with foggy cold weather around the country, Cairo, Egypt February 2, 2023. REUTERS/Amr Abdallah Dalsh/File Photo
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Egypt Central Bank Keeps Key Interest Rates Unchanged

A general view of Cairo skyline during sunset, with foggy cold weather around the country, Cairo, Egypt February 2, 2023. REUTERS/Amr Abdallah Dalsh/File Photo
A general view of Cairo skyline during sunset, with foggy cold weather around the country, Cairo, Egypt February 2, 2023. REUTERS/Amr Abdallah Dalsh/File Photo

Egypt's central bank kept its key interest rates unchanged on Thursday, it said in a statement.

The overnight lending rate remained at 28.25%, while the overnight deposit rate stood at 27.25%, the central bank said.