The South Korean news agency, Yonhap, reports the latest statement released by the South’s Foreign Ministry, citing that Japan is highly likely to pass a bill later this week to remove S. Korea from its “whitelist” of trusted trade partners. The statement read: “The bill is expected to be passed at a Cabinet meeting and undergo procedures … before it comes into effect in late August.” Additional Headlines: Will continue to call for Tokyo to resolve the matter through diplomacy and also urge the neighboring country to withdraw all the measures against Seoul. Plans to deliver a message to Tokyo highlighting the unfairness of its move to exclude Seoul from the whitelist and expressing deep regret, if it approves the bill. Meanwhile, Diplomatic sources predict Foreign Minister Kang Kyung-wha and her Japanese counterpart Taro Kono could hold talks either on Aug 1 or 2, on the sidelines of the ASEAN Regional Forum to be held in Thailand later this week. The USD/JPY pair trades almost unchanged around 108.80 levels, reversing an uptick to 108.94 amid risk-on, ahead of the BOJ decision and trade talks. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD technical analysis: Bears aim for 11-month old support-line FX Street 4 years The South Korean news agency, Yonhap, reports the latest statement released by the South's Foreign Ministry, citing that Japan is highly likely to pass a bill later this week to remove S. Korea from its "whitelist" of trusted trade partners. The statement read: "The bill is expected to be passed at a Cabinet meeting and undergo procedures ... before it comes into effect in late August." Additional Headlines: Will continue to call for Tokyo to resolve the matter through diplomacy and also urge the neighboring country to withdraw all the measures against Seoul. Plans to deliver a message to Tokyo… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.