Negotiations on trade frictions are fruitless? Japan and South Korea blame each other at the WTO General Council

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 Negotiations on trade frictions are fruitless? Japan and South Korea blame each other at the WTO General Council


BEIJING, July 25 (Xinhua) According to Kyodo News Agency of Japan, the General Council of the World Trade Organization (WTO) held a meeting in Geneva on 24 July. The representatives of the Japanese and Korean governments elaborated their respective positions on strengthening export control of semiconductor materials around the Japanese government. Reported that the two sides continue to blame each other, the opposition presents a long-term trend.

Reported that the Japanese side considered eliminating South Korea because there is no possibility of weapons proliferation and set up simplified export procedures, such as preferential treatment of white list countries. South Korea has indicated that it will submit to the WTO dispute settlement mechanism.

It is reported that Shinwu Yamazawa, Minister of Economy of the Ministry of Foreign Affairs of Japan, and Junichi Iwahara, Permanent Delegation to International Organizations in Geneva, participated in the meeting of the General Council. South Korea has dispatched Kim Sung-ho, director of the Strategic Department of New Trade Order.

In October and November 2018, the Korean Supreme Court decided that Japanese enterprises should compensate the Korean laborers who were forced to take over during the colonial period of the Korean Peninsula, which aroused Japanese dissatisfaction. Japan insists that, according to the Japan-South Korea Claims Agreement signed by the two countries in 1965, the Korean people can no longer claim compensation from Japan, but this view has not been accepted by the Korean side.

In early July 2019, the Japanese government announced that it would tighten the control of raw materials for three semiconductor industries exported to Korea, which triggered trade friction between Korea and Japan and continued to ferment. Japan said that the reason for the adoption of the control measures was South Koreas export management problems, and South Korea accused that Japans action was economic retaliation for the case of Japanese enterprises compensating for forced labor expropriation imposed by the Supreme Court of Korea.

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