Japan and South Korea have not reached an agreement on export control of semiconductor materials and will hold further consultations.

category:Internet
 Japan and South Korea have not reached an agreement on export control of semiconductor materials and will hold further consultations.


BEIJING, Oct. 12, according to Kyodo News Agency of Japan, South Korea filed a lawsuit against the World Trade Organization (WTO) earlier because of Japans tightening control over the export of semiconductor materials to South Korea. Japan and South Korea held bilateral consultations on the issue at the WTO headquarters in Geneva, Switzerland, on November 11, local time, but did not reach an agreement. The two sides agreed to hold further consultations on this issue, but the agenda was not set.

According to reports, the Korean government filed a lawsuit against the WTO on September 11 against Japans restrictions on the export of three semiconductor materials to Korea. After filing a lawsuit with WTO, the first procedure is to settle the dispute through consultation within 30 days. If no agreement can be reached within 60 days of the beginning of the consultation, Korea may request the establishment of a panel of experts equivalent to the first instance.

Due to the divergence of views and positions between Japan and South Korea, it is not expected that they can be negotiated through bilateral consultations. South Korea may request the establishment of a dispute settlement panel to the WTO as soon as mid-November.

At the end of the consultation, Japans Minister of Commerce and Industry, Junichiro Kuroda, told the media that the ROK has made a request to hold the next consultation and also mentioned that Japan has agreed. Whether there is room for compromise between the two sides, he pointed out that it is inconvenient to express opinions with pre-judgment and showed a cautious attitude. Ding Haiguan, co-ordinator of the new trade order of the Ministry of Industry, Commerce and Resources of Korea, also affirmed the continuation of the consultation, but on the other hand, he was not satisfied with the consultation. Reported that the dispute settlement panel in principle need to reach a conclusion within 180 days after its establishment, but in recent years there have been significant delays. When the country concerned is not satisfied with the report of the expert group, it may appeal to the Appellate Body equivalent to final appeal, and it may take several years to reach the final conclusion. Source: Responsible Editor of CNN: Wang Fengzhi_NT2541

At the end of the consultation, Japans Minister of Commerce and Industry, Junichiro Kuroda, told the media that the ROK has made a request to hold the next consultation and also mentioned that Japan has agreed. Whether there is room for compromise between the two sides, he pointed out that it is inconvenient to express opinions with pre-judgment and showed a cautious attitude.

Ding Haiguan, co-ordinator of the new trade order of the Ministry of Industry, Commerce and Resources of Korea, also affirmed the continuation of the consultation, but on the other hand, he was not satisfied with the consultation.

Reported that the dispute settlement panel in principle need to reach a conclusion within 180 days after its establishment, but in recent years there have been significant delays. When the country concerned is not satisfied with the report of the expert group, it may appeal to the Appellate Body equivalent to final appeal, and it may take several years to reach the final conclusion.