Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

South Korea considering complaint to China over 'THAAD retaliation' - minister

Published 12/01/2017, 06:56
Updated 12/01/2017, 07:00
© Reuters. A Terminal High Altitude Area Defense (THAAD) interceptor is launched during a successful intercept test

SEOUL (Reuters) - South Korea may complain to China about actions perceived to have been taken in retaliation for a South Korean decision last year to deploy a U.S. anti-missile system, its trade minister said on Thursday.

"We plan to present the relation between China's actions that have been pointed out by our companies and the THAAD deployment during a meeting on Friday regarding the free trade agreement between South Korea and China," Trade Minister Joo Hyung-hwan told parliament.

Joo said South Korea's concern over China's behaviour would be expressed at the meeting.

South Korea's finance minister said this month China was suspected to be taking indirect action against the deployment of the U.S. Terminal High Altitude Area Defence (THAAD) system as China worries its powerful radar can penetrate its territory.

Beijing has objected to the deployment, which South Korea and the United States say is only aimed at defending against any threat from North Korea.

China recently rejected applications by South Korean carriers to add charter flights between the two countries.

Finance Minister Yoo Il-ho later said the government was looking into whether China's decision was related to the deployment of the anti-missile system.

© Reuters. A Terminal High Altitude Area Defense (THAAD) interceptor is launched during a successful intercept test

China has not commented on South Korea's concern about retaliation.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.