Japan Begins Talks to End Strict Export Controls on South Korea
18:00 JST, March 6, 2023
The Economy, Trade and Industry Ministry announced Monday that it will begin bilateral talks to ease its tightened export controls for semiconductor materials and other exports to South Korea. The two countries will soon hold an export control policy dialogue after South Korea suspended its appeal to the World Trade Organization over the controls.
In its announcement, the trade ministry said that it will “promptly hold consultations” on pending issues between Japan and South Korea regarding export controls in order to return to the situation prior to the introduction of the strict controls.
In July 2019, the Japanese government imposed tightened export controls on South Korea for three items, including hydrogen fluoride, which is used to clean semiconductors. The Japanese side described the measures as a security response, but some viewed the move as retaliation for South Korea’s handling of the issue of former wartime requisitioned workers.
South Korea had filed a case with the WTO in September 2019, claiming that the export control measures for the three items were unfair.
"Business" POPULAR ARTICLE
-
G20 Sees Soft Landing for Global Economy; Leaders Pledge to Resist Protectionism as Trump Calls for Imported Goods Flat Tariff
-
Japanese Automakers Team Up on Software Development; Aim to Compete with U.S., China in SDV Market
-
China Struggles to Develop Passenger Jet to Rival Boeing, Airbus; Russian Cooperation Falls
-
Call Centers Using AI to Address Customer Harassment: NTT and Fujitsu Develop Programs to Improve Employee Interactions, Reduce Turnover
-
Kawasaki Heavy Commemorates Delivery of 5,000th Railcar in U.S.; 40% of Railcars Used in N.Y. are from Kawasaki Heavy
JN ACCESS RANKING
- Asukayama Monorail in Tokyo: Free to Ride!
- Japan Trying to Draw Digital Nomads, Who Are Seen as Beneficial to Economy, Society
- JICA Employee Suspected of Leaking Info on ODA Project in Manila; Bidding for Railway Renovation May Have Been Impacted
- G20 Sees Soft Landing for Global Economy; Leaders Pledge to Resist Protectionism as Trump Calls for Imported Goods Flat Tariff
- Japanese Automakers Team Up on Software Development; Aim to Compete with U.S., China in SDV Market