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Japan-South Korea rift

South Korea readies stimulus to soften impact of Japan trade rift

Tokyo says removal of Seoul's special status adheres to WTO rules

South Korean people chant slogans during an anti-Japan rally near the Japanese embassy in Seoul on Saturday.   © Reuters

SEOUL/BANGKOK/BEIJING -- Seoul decided on Saturday to fast-track a 273.2 billion won ($226 million) stimulus package to help buffer South Korean companies from its deepening trade rift with Japan.

The decision to expedite the package was made at a special cabinet meeting. The money will go towards diversifying suppliers and localizing production of materials and components that depend on Japan. 

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