South Korea's trade deficit with Japan is expected to reach its lowest level in 16 years.

South Korea's trade deficit with Japan is expected to reach its lowest level in 16 years.

Special Thanks to Abe Administration of Japan for "self-export restriction" against S.Korea that triggered to help kick-off of S.Korea's import diversity of nations worldwide and launch further of S.Korea's domestic R&D of high tech materials.
As a result of Japan’s free trade restriction against S.Korea, a significant decrease in imports from Japan led to a drop in S.Korea’s trade deficit with Japan and reach its lowest level in 16 years.

▶️Source: Korea Herald - S. Korea sees lowest trade deficit with Japan in 16 years
▶️Source: Bloomberg U.S.A. - "S.Korea is the most innovative nation in the world."