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In South Korea began a boycott of Japanese goods.


While the South Korean government is thinking about how to respond to the de facto trade sanctions recently imposed by Japan most effectively and at the same time without loss for its own producers, a broad anti-Japanese campaign has begun in Korean society itself. Koreans are beginning to refuse to buy goods from Japan, stop drinking Japanese beer, a number of stores have announced a boycott of products from the Land of the Rising Sun.
Since July 4, the Japanese government has imposed restrictions on the supply to South Korea of a number of chemicals and components that are used in the manufacture of displays for smartphones and televisions, as well as for the manufacture of semiconductors. We are talking about fluorinated polyimide, hydrogen fluoride and resist. Japan stated that it intends to begin work on excluding South Korea from the list of countries that enjoy the least restrictions on the supply of products and advanced technologies related to national security. As the reason for such actions, the government of Japan called "the destruction of bilateral trust."
However, in Seoul they are sure that Tokyo is taking revenge for the decision of the Supreme Court of Korea to oblige Japanese companies to pay compensation to the descendants of Korean workers who were forcibly mobilized to work at factories during the occupation of the Korean Peninsula by Japan from 1910 to 1945. The South Korean government said it would challenge Japan’s decision in a court of the World Trade Organization, and began working out countermeasures.

Last week, sales of Japanese beer in large stores and shopping centers fell by 13% compared with the previous week. And this is despite the fact that in Korea the heat has set in over 30 degrees, when usually beer "goes flying". All because of the spontaneous campaign unfolding in the country to boycott everything Japanese. A number of small shops generally boycotted Japanese beer, ceasing purchases.

A similar situation began to be observed in some Korean restaurants - they removed Japanese dishes from the menu. Despite the complex and contradictory bilateral relations of the countries, in South Korea, usually Japanese food and beer were very popular and were not abandoned, but now, apparently, the Koreans are offended.
A large number of photographs have appeared on the Internet, where Koreans demonstratively throw away any Japanese goods, even ballpoint pens. A slogan-appeal composed of two English words "No-Yes" is also spreading virally, where the Japanese flag is entered in the word "no" and the South Korean flag is included in the word "yes". The subtext is clear: no - all Japanese, yes - all Korean.

Travel companies note that, despite the start of a vacation period in Korea, there have been frequent instances of abandonment of tours to the Land of the Rising Sun. Companies that sell Japanese cosmetics in Korea, which are very popular among Korean women, also complain about the drop in sales.

In front of the Japanese Embassy in Seoul, there are regular promotions in recent days, during which Koreans demonstrate how they throw away or destroy Japanese goods, or otherwise show that they will no longer purchase goods from this country.

In the coming days, the South Korean government intends to hold a meeting with the leaders of the country's largest companies, listen to their views on the current situation in trade with Japan and work out a package of measures to neutralize the negative effects. Experts warn that it is necessary to act very carefully, since any sanctions are double-edged and can cause considerable harm to Korea. But in the Korean society they decided not to be idle and declared a kind of military response, starting a boycott of Japanese products. All this is widely reported in the local South Korean media, which, judging by the tonality, is very positive about this movement.
Economists believe that, although public sentiment can be understood, such steps will not have a serious real effect. But Korean manufacturers in the near future will already fully suffer from the Japanese sanctions, which hit a number of important for Korean producers of goods. Simply put, the Japanese found a vulnerable spot with the Koreans and were able to poke there, whereas the opposite effect of sanctions for Japan itself turned out to be insignificant. The task of South Korea is now to find the same vulnerabilities in the industry of Japan, which is now actively engaged politicians and economists of the Government of the Republic of Korea.

It seems that the parties have already gone so far that this trade conflict with the historical and political background is just not to be stopped, and therefore one should wait for a new exchange of blows. In Korea, they believe that Japan in the coming months may impose restrictions on about a hundred items of goods and products that Koreans need. The Korean segment of the Internet also did not disregard this news - in social networks and in various forums, calls for patriotism, not to buy and throw away everything Japanese, became even more active.

Source: Russian newspaper

08.07.2019 02:24:15
(Automatic translation)

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