Industries hit by trade row to see visa policies eased

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Industries hit by trade row to see visa policies eased

Korea’s Justice Ministry on Monday unveiled a revised visa policy to ease regulations for foreign workers in the parts, materials and equipment industries as part of ongoing efforts to help the industries that have taken a hit from Seoul’s trade row with Tokyo.

“Starting Nov. 18, the Justice Ministry implements a revised policy for foreign professionals to support the parts, materials and equipment industries struggling from Japan’s trade row and improve national competitiveness,” the ministry said in a press release.

Under the plan, E-7 visa applicants working in the parts, materials and equipment industries who have received recommendations from the Ministry of Trade, Industry and Energy will be eligible to apply for electronic visas, the ministry said in a press release.

Electronic visa applicants do not have to visit overseas consulates in person and can file for the application process online. The ministry expected the revised policy to shorten the process to up to one week from the current average of 30 days.

The E-7 visa is usually granted to “foreign nationals of special ability” or visa applicants “who plan to engage in a field designated by the minister of justice for the enhancement of national competitiveness” and who are “foreign workers with professional knowledge or technology in accordance with a contract with a public or private institution,” according to the Visa Portal run by the immigration service.

The revised policy, meanwhile, includes relaxing document submissions for foreign academics applying for visas to teach or conduct research in Korea.

The policy revision comes as Seoul is moving to nurture its own parts, materials and equipment industries that have heavily relied on supplies from Japan.

In August, the government announced plans to inject more than 5 trillion won ($4.3 billion) over the next three years to strengthen the three industries amid an ongoing trade rift with Japan.

Tokyo launched a set of trade curbs against Seoul in what is seen as a retaliatory measure against a Seoul court’s ruling that ordered Japanese firms to compensate Korean victims of Japan’s forced labor during World War II.

Yonhap

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