clearn.png
Tuesday October 22nd, 2019 10:27PM

South Korea seeks US help in bitter trade spat with Japan

By The Associated Press
Related Articles
  Contact Editor

SEOUL, South Korea (AP) — South Korea is seeking U.S. help in a bitter diplomatic row with fellow American ally Japan over its moves to tighten controls on high-tech exports.

The government said Thursday that Foreign Minister Kang Kyung-wha discussed the issue with U.S. Secretary of State Mike Pompeo by phone and conveyed Seoul's view that Japan's "undesirable" trade curbs could disrupt global supply chains and hurt trilateral cooperation among the countries.

The ministry said Pompeo expressed an "understanding" of South Korea's position and agreed to help facilitate communication through diplomatic channels among Washington, Seoul and Tokyo.

Tokyo last week tightened the approval process for Japanese shipments of photoresists and other sensitive materials to South Korean companies, which need the chemicals to produce semiconductors and display screens used in TVs and smartphones.

The diplomatic dispute over that has further soured relations long troubled over Japan's brutal colonial rule of Korea before the end of World War II.

"(Minister Kang) expressed concern that Japan's trade restrictions would not only inflict damage to our companies, but could also disrupt global supply chains and cause negative effects not only to U.S. companies but also to the global trade order," the ministry said in a press release.

"This would not be ideal for the bilateral friendship and cooperation between South Korea and Japan and also the three-way cooperation between South Korea, the United States and Japan," it said.

Kim Hyun-chong, deputy chief of South Korea's presidential National Security Office, arrived in Washington on Wednesday and told reporters he would discuss the trade spat with Japan with U.S. officials. His trip came a day after South Korean President Moon Jae-in urged Japan to refrain from pushing the situation to a "dead-end street" and respond to Seoul's efforts to resolve the matter diplomatically.

"I came because there are a lot of bilateral issues between South Korea and the United States to be discussed in meetings with the White House and also the Senate and House," Kim told South Korean reporters at Dulles International Airport. When asked whether South Korea would ask the United States to mediate in the trade dispute with Japan, Kim said, "That issue will be discussed too."

The deteriorating relationship between South Korea and Japan could possibly complicate U.S. efforts to strengthen three-way cooperation on North Korea's nuclear program and in countering China's growing influence in the region. But it's unclear whether the Trump administration would be willing to intervene.

South Korea's Ministry of Trade, Industry and Energy said its minister for trade, Yoo Myung-hee, will head for the United States soon to discuss the Japanese trade curbs. South Korean trade officials plan to visit Tokyo to meet with their Japanese counterparts on Friday. So far, Japan has so far shown no willingness to negotiate. It will likely use the meeting to explain and reaffirm its stance, the ministry said.

According to the ministry's figures, Japanese direct investment in South Korea dropped 51% in January-June from a year earlier, to $330 million.

Park Tae-seong, a senior ministry official, said the decline was unrelated to Tokyo's trade curbs. He sidestepped questions of whether antagonisms were hurting investment.

South Korea relies heavily on exports and is the world's biggest supplier of computer chips and displays. It sees the Japanese trade curbs as retaliation for court rulings ordering Japanese firms to compensate aging South Korean plaintiffs for forced labor during World War II.

Japanese officials have suggested South Korea is not trustworthy, hinting at security risks and illegal transfers of sensitive materials to North Korea without citing specific cases.

  • Associated Categories: Associated Press (AP), AP World News, AP Business, AP World News - International incidents, AP Business - Economy
© Copyright 2019 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
South Korea seeks US help in bitter trade spat with Japan
South Korea seeks US help in row with Japan over tightened controls on high-tech exports
12:29AM ( 13 minutes ago )
Diplomats shaken for now after Britain's US ambassador quits
Abrupt resignation of Britain's ambassador to the United States over leaked cables critical of the Trump administration is unlikely to have a lasting impact on the U.S.-British relationship or diplomatic practice
12:04AM ( 38 minutes ago )
AP Exclusive: Officer accuses general of sexual misconduct
A senior military officer has accused the Air Force general tapped to be the next vice chairman of the Joint Chiefs of Staff of sexual misconduct
11:54PM ( 47 minutes ago )
Associated Press (AP)
9 deer at famed park in Japan die after eating plastic bags
Nine deer at a famed park in western Japan have died recently after eating plastic bags
11:37PM ( 1 hour ago )
Thai leader names new Cabinet with military colleagues
Thailand's prime minister has named to his new Cabinet a mix of members of the former military government and key politicians who helped him assemble a House majority after the March elections
8:49PM ( 3 hours ago )
As Beetle ends, iconic original thrives in Mexico City hills
In a hilly outer district of Mexico City, residents still rely on the original no-frills Beetle, praising it for its affordability, reparability and dexterity at handling the area's steep streets as the car's modern cousin ceases production
5:39PM ( 7 hours ago )
AP World News
Asian shares advance after Fed signals US rate cut likely
Asian shares gain after Fed's Powell suggests US central bank may cut interest rates for 1st time in a decade
11:43PM ( 58 minutes ago )
Seoul wants Washington to mediate in trade spat with Tokyo
South Korea is asking the United States to mediate in its bitter diplomatic row with Japan over Tokyo's moves to tighten controls on high-tech exports to its neighboring U.S. ally
11:34PM ( 1 hour ago )
Alaska Legislature fails to override vetoes that prompt cuts
The Alaska Legislature failed to override budget vetoes by Gov. Mike Dunleavy that will prompt a massive 41% cut of state funding to the University of Alaska and lay waste to other programs the governor deemed unaffordable
11:07PM ( 1 hour ago )
AP Business
US urges world powers to reject Iran's 'nuclear extortion'
The United States is urging world powers involved in the nuclear deal with Iran not to give in to "extortion" by providing Tehran with new economic incentives to get it to back off its recent escalation of its atomic program
12:42PM ( 11 hours ago )
US urges world powers to reject Iran's "nuclear extortion"
The United States is urging world powers involved in the nuclear deal with Iran not to give in to "extortion" by providing Tehran with new economic incentives to get it to back off its recent escalation of its atomic program
11:41AM ( 13 hours ago )
Trump lashes out at Britain's ambassador for a second day
U.S. President Donald Trump has lashed out for a second day at Britain's ambassador to the U.S., describing him as "wacky" and a "pompous fool," after a leak of emails critical of the American administration
1:00PM ( 1 day ago )
AP World News - International incidents
The Latest: Markets end up after Powell hints at rate cut
Fed Chairman Powell testimony to Congress, minutes from Fed meeting in June point to rate cut
7:23PM ( 5 hours ago )
Tech sector leads US stocks higher as Fed signals rate cut
Stocks rose Wednesday as Wall Street welcomed new signals suggesting the Federal Reserve is ready to cut interest rates for the first time in a decade
4:49PM ( 7 hours ago )
Powell's message to Congress: Rate cut is likely coming soon
Powell sends strong signal that Fed is prepared to cut rates in light of rising uncertainties
4:12PM ( 8 hours ago )
AP Business - Economy
Diplomats shaken for now after Britain's US ambassador quits
Abrupt resignation of Britain's ambassador to the United States over leaked cables critical of the Trump administration is unlikely to have a lasting impact on the U.S.-British relationship or diplomatic practice
12:04AM ( 38 minutes ago )
AP Exclusive: Officer accuses general of sexual misconduct
A senior military officer has accused the Air Force general tapped to be the next vice chairman of the Joint Chiefs of Staff of sexual misconduct
11:54PM ( 47 minutes ago )
Pelosi implores Democrats to unify, warning of dangers ahead
The way Rep. Alexandria Ocasio-Cortez and House Speaker Nancy Pelosi speak at each other threatens party unity and underscores broader tensions reshaping the Democrats
11:53PM ( 49 minutes ago )
Asian shares advance after Fed signals US rate cut likely
Asian shares gain after Fed's Powell suggests US central bank may cut interest rates for 1st time in a decade
11:43PM ( 58 minutes ago )
9 deer at famed park in Japan die after eating plastic bags
Nine deer at a famed park in western Japan have died recently after eating plastic bags
11:37PM ( 1 hour ago )