Moon Urges Japan To Withdraw Export Restrictions

Moon urges Japan to withdraw export restrictions

South Korean President Moon Jae-in has called on Japan to drop its export controls on high-tech materials headed for the country.

Moon said at the presidential office on Monday that he will call on the Japanese government to withdraw its tighter export controls and engage in sincere talks.

He also warned that Seoul will have no choice but to respond should the measure negatively impact South Korean companies.

Last Thursday, the Japanese government tightened rules on the export of materials used in semiconductors, organic LED displays, and other high-tech products. This was Moon's first verbal response to the action.

Moon said the measure is also posing a threat to global supply chains and called on Japan to maintain the principles of free trade.

He said that not only South Korea but the entire international community is expressing concern when free trade is restricted for political purposes.

Moon is expected to meet with top officials at major South Korean companies on Wednesday to discuss how to respond.