Japan’s Economy, Trade and Industry Minister, Hiroshige Seko, said on Thursday, The Japanese government has given the go-ahead for high-tech materials exports to South Korea for the first time since Tokyo imposed restrictions on the sale of chemicals used in electronic equipment to the neighboring country.
In July, the Japanese government canceled preferential treatment for the export of fluorinated polyimides, photoresist and hydrogen fluoride to South Korea. Additionally, earlier in August, Tokyo decided to remove Seoul from the “whitelist of trade partners that have preferences in importing Japanese technologies and high-tech products from August 28.
Japan has cited security concerns as the reason behind its decision, saying it suspected Seoul of exporting double-purpose goods to Pyongyang in betrayal of Tokyo’s confidence.
“After detailed checks, it was confirmed that the [South Korean] project does not present any threat and an export license was issued for it,” Seko told reporters, as aired live by the NKH broadcaster.
South Korea criticized Japan for its trade restrictions, Tokyo’s decision to impose the restrictions would be linked to Japan’s preparation of the sale of assets of Japanese companies, ordered by a South Korean court to compensate victims of forced labor during the Japanese colonization of the Korean Peninsula in 1910-1945.
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27 September, 2019