Los Angeles Times (August 17)
“More than seven decades later, the dispute over who should pay for the suffering…is at the heart of a downward spiral in relations between South Korea and Japan that has spawned a trade war and ignited massive protests and boycotts in South Korea,” putting much at risk. “An $80-billion bilateral trade relationship is in jeopardy, as is a military information-sharing agreement between the two countries that has been valuable for the U.S. and its allies against the North Korean threat.”
Tags: Bilateral trade, Boycotts, Dispute, Downward spiral, Japan, Jeopardy, North Korea, Protests, South Korea, Suffering, Threat, Trade war, U.S.
Financial Times (May 28, 2013)
The visit of China’s Premier Li Keqiang to India brought progress on trade agreements and a new goal to achieve $100 billion in bilateral trade during 2015. The visit helped restore relations, overwrought since territorial incursions, between the two nations which account for nearly two-fifths of global trade. “It will take more than a few trade deals to overcome the suspicion with which India regards its eastern neighbour… But deeper economic ties are a good place to start, as long as both sides play fair. The greater the trade, the better the chance that trust will follow in its wake.”
Tags: Bilateral trade, China, Economic ties, India, Li Keqiang, Suspicion, Trust
