Japanese Export Restrictions on South Korea Have 'Negligible' Impact, State Department Official Says
Japan’s export restrictions on South Korea have had a minimal impact on the South Korean industry, a State Department official said during a Jan. 7 press conference. The official said that both Japan and South Korea are participating in “ongoing discussions” about the trade dispute (see 1912160011). “As far as I can tell, the impact, if any, on the South Korean industry has been limited to negligible,” the official said. Japan recently eased export controls against South Korea for one of the three chemicals it had imposed restrictions on, according to a December report from the Associated Press.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
The official declined to say whether the Trump administration plans to increase sanctions pressure on China’s alleged human rights violations against the country's Uighur population (see 1912160038). But the official said other countries are taking “more and more interest” in China’s treatment of the Uighurs and the U.S. will continue to monitor the situation. “As far as U.S. activity, we’re going to continue to stand for American values,” the official said. “But the good news is that we’re not carrying that burden alone. The world is waking up to the issue and they’re taking action. That’s a positive outcome.”