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South Korea Boycotts Cornering Japan Economy

Nûçe Ciwan English by Nûçe Ciwan English
24/07/2019 - 12:12
in All News, Headline, News, Worldwide
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Petrol stations and garages in South Korea are refusing to fill up or service Japanese cars as part of a growing boycott of Japanese goods sparked by trade and political tensions.

Sales have been hugely impacted, while demonstrations continue outside Japan’s embassy in Seoul.

Anti-Japan feelings have been strengthening since Tokyo announced on 1 July it was restricting exports of materials used in the manufacture of semiconductors, a major industry for Korea.

Comments on the Korea Oil Station Association homepage earlier this month called for petrol stations to join the protests by refusing to serve customers driving Japanese cars, while on 19 July an alliance of garages announced it would not repair cars from Japan.

Sales of Japanese beverages in Korea were reported to be down as much as 40% last week, with sales of other imported beverages rising.

Bookings for trips to Japan have fallen up to 70%, while travel agents have reported cancellations for previously booked holidays are reaching 50%.

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