S. Korea needs to lure Japanese firms struggling with strong yen
Seoul - Yonhap
South Korea should take active steps to attract Japanese companies struggling with the record strong yen by upgrading its business investment environment, a state-run trade promotion agency said Tuesday. The Korea Trade-Investment Promotion Agency (KOTRA) said Japanese manufactures of automobiles, electronic goods and machinery have become more open to buying foreign parts, with some weighing the feasibility of transferring their production facilities abroad.
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