Travel Restrictions Affecting Business Activities
The South Korean government is planning to facilitate Korean entrepreneurs’ visit to China and Japanese entrepreneurs’ visit to South Korea with the three countries’ travel restrictions increasingly affecting business activities.
The Chinese government has applied the restrictions to every foreigner since March 28. According to the South Korean government, this measure is likely to affect small companies in particular as their influence in China is smaller than that of large corporations, such as Samsung Electronics, engaged in large-scale projects in China.
In this regard, the South Korean government is planning to group large and smaller corporations already doing business in certain regions in China and request the Chinese government to allow the entry of their personnel. Also, the South Korean government is considering adjusting the cycle of the entry so that the Chinese government’s concerns over the spread of COVID-19 can be eased.
At the same time, the South Korean government is considering relaxing the limitation on Japanese entrepreneurs to some extent. At present, every person entering South Korea from abroad is subject to two-week self-quarantine. However, some South Korean companies have said that their production processes may be affected if Japanese personnel inspecting their facilities fail to arrive on time.