Korea WTO Proposal Japan-Korea Bilateral Consultation in Switzerland on 11 October 10:37 on October 10
On the 11th, the Ministry of Economy, Trade and Industry announced that it was unreasonable for Japan to tighten export controls for South Korea. Announced that we will hold a consultation between countries.
The Korean government entered into a procedure to file a lawsuit with the WTO on the 11th of last month regarding the strict export control of three items such as semiconductor raw materials for Korea since July.
The WTO rules call for the parties to discuss and seek solutions in the event of a trade dispute. The Ministry of Economy, Trade and Industry is bilateral in Geneva, Switzerland, where the WTO headquarters is located on the 11th. Announced to discuss.
The meeting will be attended by the Director-General of the Trade Organization of the Ministry of Economy, Trade and Industry and the Director of the International Economic Dispute Management Office of the Ministry of Foreign Affairs.
On the other hand, the Ministry of Industry, Trade and Resources of South Korea says that this bilateral consultation will be held at the director level.
Regarding this measure, South Korea claims that it is “a discriminatory measure based on political motives and is a violation of the WTO rules”, whereas Japan is “domestic in order to carry out appropriate export controls. It is a review of the operation and does not violate the rules. "
For this reason, it is difficult to walk up at the bilateral talks held on the 11th, and a “subcommittee” that will be the court of the WTO will be established as early as next month.