The results of the Japanese government’s decision in July to tighten export controls to Korea as well as its decision to remove South Korea from a list of nations receiving preferential trade treatment are now starting to roll in.

The results of the Japanese government’s decision in July to tighten export controls to Korea as well as its decision to remove South Korea from a list of nations receiving preferential trade treatment are now starting to roll in. Figures released by the Japan Tourism Agency on Sept.

18 showed that the number of South Korean tourists to Japan in August plunged by 48 percent over the same month last year to 308,700. The sharp dip in tourism is also shaking broader areas of the domestic economy as well, as food exports to South Korea fell by 40 percent.

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