Japan, S.korea To Hold Talks On Trade Control


Japan, S.Korea to hold talks on trade control

Senior officials from Japan and South Korea will hold talks on trade control on Monday. It's the first meeting of its kind since Japan tightened its export controls on some high-tech materials to South Korea.

The bureau chief-level talks will be held in Tokyo with Japanese trade ministry official, Yoichi Iida, and his South Korean counterpart, Lee Ho-hyun, taking part.

The two countries last held such trade policy talks in June of 2016.

In July this year, Japan tightened export controls on three high-tech materials to South Korean markets, citing security reasons. Japan's trade minister said exports of technology that could be used for weapons production must be carefully controlled.

He said it's only a matter of fact that Japan constantly reviews its trade practices.

The move affected South Korea's semiconductor manufacturers and added tension to bilateral relations, which had deteriorated over a wartime labor issue.

Japanese officials say they want to confirm what progress South Korea has made in terms of the number of trade control personnel and legislation.

The South Korean side is expected to try to persuade the Japanese government to reconsider the tighter export controls.