KEI-KITA Joint Seminar: The Effect of Korea-Japan Relations on Trade and the Global Economic Order

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.

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.

Please join KEI and the Korea International Trade Association for a discussion of the economic issues behind the current dispute and its potential impact on the supply chains for semiconductors and consumer electronics.

Please join KEI and the Korea International Trade Association for a discussion of the economic issues behind the current dispute and its potential impact on the supply chains for semiconductors and consumer electronics.