The Ministry of Trade, Industry and Energy announced on the 21st that from the 18th to the 20th of this month, the Ministry of Economy, Trade and Industry of Japan and Korea held the third meeting of the 10th Export Control Policy Dialogue over three days.


During this policy dialogue, the Korean side provided detailed explanations to the Japanese side regarding the operation status of the system, including the strategic items determination procedure, review and approval status by major strategic items and case-by-case permits, and the current status of monitoring for circumvention exports to countries of concern.


A live demonstration of the export approval review process using Korea’s strategic items management system was also conducted.


Additionally, the Japanese side stated that they focused on confirming measures and effectiveness against circumvention exports to countries of concern.


Hot Picks Today

"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ① "Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①

Both sides agreed to hold an additional meeting in Japan on the 24th and 25th following the meeting in Korea.

Intensive 3-Week Discussion on Korea-Japan Export Control Issues... Sharing Status of Circumvention Export Crackdown View original image


한글 기사 보기
This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing