Korea to Reduce Reliance on Japanese Materials Affected by China's Export Control
5 Articles
5 Articles
Korea to reduce reliance on Japanese materials affected by China's export control
Korea has begun efforts to reduce its dependence on Japanese materials affected by China’s recent export ban on dual-use goods that could enhance Japan’s military capabilities, effectively helping Beijing achieve one of its intended goals with the measure. Despite President Lee Jae Myung’s cautious stance on intervening in the conflict between Korea’s two neighbors, the economic relationship between Seoul and Tokyo shows signs of weakening in th…
The measure comes amid rising tensions between the countries over Taiwan. China is keeping it vague about which companies will be affected.
[Digital Daily Reporter Choi Min-ji] The government and industry have come together to assess the impact on the industrial supply chain of the Chinese government's strengthened export controls on dual-use items to Japan. The Ministry of Trade, Industry and Energy announced on the 8th that it held an "Industrial Supply Chain Review Meeting" at the Korea Chamber of Commerce and Industry in Seoul on the morning of the 7th, chaired by Acting Directo…
China prohibits export of dual-use goods to Japanese military over Taiwan remarks
China has decided to ban the export of all dual-use items to Japan's military and to other end users or purposes that would enhance Japan's military capabilities, according to an announcement released Tuesday by the Ministry of Commerce.
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