South Korea and Japan mend trade ties amid security concerns

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South Korea has formally restored Japan to its list of countries it gives preferential treatment in trade, three years after the neighbors downgraded each other’s trade status amid a diplomatic row over historical grievances.

The move, announced by the South Korean Ministry of Trade, Industry and Energy on Monday, comes as Seoul and Tokyo are working to repair relations and strengthen their three-way security cooperation with Washington to counter the threat posed by North Korea.

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