South Korea urges Japan to scrap export curbs, pledges help to firms

FILE PHOTO: South Korean merchants step on boxes bearing logos of Japanese products during a rally to declare a boycott of Japanese goods in Seoul, South Korea, July 5, 2019. Yonhap via REUTERS

SEOUL (Reuters) - South Korea on Monday repeated a demand for Japan to withdraw tightened curbs imposed last week on exports of materials for making chips and smartphone displays, and pledged to help affected domestic companies.

“Japan’s export restrictions should be withdrawn,” Finance Minister Hong Nam-ki said at a regular meeting of government ministers in charge of external economic affairs.

He said the government would help to minimise the damage on South Korean companies from the curbs that Japan imposed amid a diplomatic row over forced wartime labour..

Reporting by Hayoung Choi; Writing by Choonsik Yoo; editing by Darren Schuettler