Minister of Economy, Trade and Industry Nishimura introduced at a press convention after the cupboard assembly on the twenty seventh that the cupboard has formally determined to return South Korea to the checklist of eligible international locations for preferential therapy that may simplify export procedures.
In 2019, Japan tightened export controls on three gadgets used within the manufacture of semiconductors, and many others., citing the insufficient overview system for commerce controls on the South Korean aspect. have been excluded.
Regarding this, in March, the Japanese and South Korean governments held a director-general-level coverage dialogue for the primary time in about three years, reviewing the operation of export controls for 3 gadgets, and within the coverage dialogue in April, preferential therapy was given to South Korea. It was determined to return to the goal nation of
The cupboard resolution on the twenty seventh is a part of the procedures essential to revise the federal government ordinance to return South Korea to the checklist of nations topic to preferential therapy, and the return would be the first in about 4 years since August 2019.