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Today's Paper | December 23, 2024

Published 21 Dec, 2019 07:09am

Japan eases export controls against South Korea

TOKYO: Japan’s trade ministry said on Friday that it has eased controls on exports to South Korea of one of three chemicals used in semiconductors that it had restricted, a sign of a thaw between the two countries just days before their leaders meet in China.

The Ministry of Economy, Trade and Industry said it is granting a bulk permit for up to three years to one company for exports of photoresist, a chemical used to make semiconductors, to its business partner in South Korea.

The ministry said the step, which takes effect immediately, reflects the good record between the two companies. The ministry denied that it had anything to do with the upcoming meeting between the leaders of the two countries as part of a three-way summit hosted by China next week.

Ties between Japan and South Korea have plunged to their lowest level in decades since July, when Japan stepped up export controls against South Korea, citing a loss of trust and security concerns.

Published in Dawn, December 21st, 2019

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