Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Japan talking with South Korea about export controls: trade minister

Published 06/01/2020, 09:12 PM
Updated 06/01/2020, 09:15 PM
© Reuters. Japan's new Economy, Trade and Industry Minister Hiroshi Kajiyama attends a news conference at the ministry in Tokyo

TOKYO (Reuters) - Japan is engaged in dialogue with South Korea on export controls, the Japanese trade minister said on Tuesday, declining to elaborate on Seoul's request for Tokyo to remove restrictions on exports of technological materials.

South Korea had asked Japan to clarify its stance on the export controls by the end of May, but Japan has declined to comment on its steps.

"It's not appropriate to comment on the dialogue with South Korea or what they plan to do," Trade Minister Hiroshi Kajiyama told a regular news conference.

© Reuters. Japan's new Economy, Trade and Industry Minister Hiroshi Kajiyama attends a news conference at the ministry in Tokyo

Japan imposed curbs on exports to South Korea of three materials used to make semiconductors in July last year, threatening a pillar of the South Korean economy and the global supply chain of chips.

Latest comments

Korea does not need Japan. Japan is digging its own grave.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.