The Japanese Ministry of Economy, Trade and Industry (METI) and the Korean Ministry of Trade, Industry and Energy (MOTIE) held the Japan-Korea Export Control Policy Dialogue from March 14-16.
Through the policy dialogue, METI has reviewed the effectiveness of Korea’s export control including the organization of the export control authority and its operations, and implementation of a regulatory framework for the three relevant items; fluorinated polyimide, hydrogen fluoride and resist.
As a result of the review of the situation including the enhancement of the organization and operations of Korea’s export control authority, and the implementation of the establishment of a regulatory framework, METI recognized that Korea has improved its initiatives and effectiveness in those respects.
METI also confirmed that the Korean side will announce the withdrawal of its complaint to the WTO regarding Japan’s export control.
As such, METI said it will revise the current operation of export control for those three items to Korea. At this timing of our revision, it will inform and/or remind related Japanese domestic business entities to thoroughly check the transaction including end-users of the products.
Regarding the country categories by both countries in relation to export control, METI and MOTIE will continue the policy dialogue.
No comments yet.