WTO complaint against Japan suspended by Korea

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WTO complaint against Japan suspended by Korea

A semiconductor wafer displayed at Samsung Electronics' showroom in western Seoul [NEWS1]

A semiconductor wafer displayed at Samsung Electronics' showroom in western Seoul [NEWS1]

 
Korea will suspend a complaint filed with the World Trade Organization (WTO) against Japan for restrictions on the export of certain key materials to Korea.
 
It is not a withdrawal of the complaint, the Trade Ministry said.
 
The announcement came over three years after the restrictive measures were first imposed.  
 
In July 2019, Japan imposed tighter restrictions on exports to Korea of three key chemicals — hydrogen fluoride, photoresists and fluorine polyimide — essential in the making of semiconductors and displays.
 
Japan also removed Korea from its so-called white list of trusted trading partners.
 
The measures followed a Korean Supreme Court rulings in late 2018 ordering Japanese companies to individually compensate victims of Japan’s wartime forced labor, leading to a period of heightened diplomatic tensions and tit-for-tat measures.
 
In response to the restrictive measures, Korea filed the complaint with the WTO in September 2019.
 

BY SHIN HA-NEE [shin.hanee@joongang.co.kr]
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