S.Korea plans to file WTO case over Japan moves

Galtero Lara
Setiembre 11, 2019

If the consultations with the Japanese embassy in Geneva and the WTO do not resolve the issues within the next 2 months, South Korea will request a WTO panel ruling.

"We have made a decision to complain about Japan's measures at the WTO.to prevent the act of abusing trade for political purposes from recurring", South Korea's Trade Minister Yoo Myung-hee said at a briefing.

Yoo said South Korean firms are "faced with serious damage" due to uncertainties over shipments of the three materials affected by Japan's export controls - fluorinated polyimides, photoresists and hydrogen fluoride. South Korea is taking steps to drop Japan from its own white list.

It says security reasons were behind the measures.

South Korean Trade Minister Yoo Myung-hee said Wednesday Tokyo's export restrictions were "politically motivated" and linked them to a South Korean court ruling calling for Japanese companies to pay reparations to South Koreans forced into labor camps during World War II.

More news: India hold Asian champions Qatar

Japan insists that all compensation matters were settled when the two countries normalized relations under a 1965 treaty and that the South Korean court rulings go against global law.

Only three shipments have been approved since Tokyo took action on July 4, she said. "It was a discriminatory measure that directly targets only our country".

The flag, portraying a red sun with 16 rays extending outward, is resented by many South Koreans, who still harbor animosity over Japan's 1910-1945 colonial rule of the Korean Peninsula. But the appellate body concluded the panel's inaction on the claim was inappropriate, a source close to the matter said.

South Korea will request Japan hold bilateral meetings as part of the dispute settlement process with the WTO, Ms Yoo said, adding that the country will seek "constructive" measures to resolve the issue with Japan. But WTO cases can take years. Previously, it only took a couple of weeks to ship, Yoo said.

Following an angry reaction from Washington, Seoul later said it could reconsider its decision to end the military agreement, which remains in effect until November, if Japan relists South Korea as a favored trade partner.

Otros informes por

Discuta este artículo