At the beginning of July, Japan announced that it would be placing national security restrictions on the export to South Korea of three chemical components critical for the production of semiconductors and screen displays. Since Japan’s initial decision, it has also removed South Korea from its “white list” of trusted trading partners. In response, South Korea has filed a complaint at the WTO over Japan’s national security restrictions, while also removing Japan from its own “white list.” The dispute has also resulted in a South Korean public boycott of Japanese products and spilled over into national security issues. Although these issues first began as a dispute between South Korea and Japan, the disruption of the semiconductor supply chain would also impact the global electronics supply chain, including for U.S. and Chinese companies.
On April 16, 2015 KEI hosted the Honorable Stephen Bosworth and Dr. Marcus Noland who discussed economic and diplomatic options for the United States and South Korea in dealing with North Korea. Please watch the video of the program here:
Join Korea Club on Tuesday, November 18 to hear from Dr. Marcus Noland of the Peterson Institute for International Economics who will give a presentation titled "The Economics of Korean Unification."
To register for this program or for further questions, please e-mail your confirmation to Rosa Park, HRNK’s Director of Programs, who can be reached at firstname.lastname@example.org.