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Japan Blocks South Korean Buyout of Machine-Tool Firm for Security Reasons

Japan invoked rarely-used security provisions to block a South Korean buyout of a machine-tool maker widely used in defense applications.

Published 19sem1 sourceImportant
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Makino's equipment is considered essential to Japanese defense and regional weapons production capabilities.

The decision marks a hardening of technology controls amid geopolitical pressures in Asia-Pacific.

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