President Moon Plays Nationalism Card to Promote “Peace Economy”

This is all very predictable that President Moon would make the claim that Japan’s trade restrictions is about trying to stop South Korea’s economic development:

Last week, Tokyo removed Seoul from its “white list” of more than two dozen nations eligible for simplified customs procedures in buying strategically sensitive materials. Moon has characterized the move as part of Japan’s attempt to prevent South Korea from further developing its economy.

“Japan can never block the leap of our economy,” Moon said. Its export curbs will rather serve as a “catalyst” for South Koreans’ resolve to build economic power, he added.

Moon pointed out that the Japanese economy is superior to South Korea’s in size and domestic market. If a peace economy is realized through economic cooperation between the two Koreas, South Korea would overtake Japan at a stretch, Moon said.

Despite tumults in inter-Korean relations or Pyongyang-Washington talks, he added, South Koreans shouldn’t be easily pessimistic about a peace economy or give up efforts toward it.

Yonhap

You can read more at the link, but the only reason Japan imposed the trade restrictions was because of the Moon administration’s cancelling of the comfort women agreement and threatening to confiscate assets of Japanese companies. None of trade restrictions would be in place by Japan if the Moon administration abided by past agreements signed between Japan and Korea resolving financial liability for past Imperial Japanese actions.

As far North Korea being an economic growth engine that can replace Japan’s importance to the South Korean economy, good luck with that because that will only happen after the Kim regime is gone.