Samsung boss visits Tokyo amid Japan-Korea trade scuffle escalation
13 July, 2019, 17:16
In accordance to UN Security Council resolutions that were adopted in 1950, . the UNC can ask for contributions from its 16 sending states, . excluding South Korea and the U.S.
According to the Korean-language statement, the multinational U.N. Command in Korea, led by the United States, would "continue support and cooperation with Japan in times of crisis".
Japan says the issue of forced labour was fully settled in 1965 when the neighbours restored diplomatic ties. "If South Korea responds with export regulations, South Korea and Japan will see their GDP decrease by 3.1 percent and 1.8 percent, respectively". However, experts said the USA is unlikely to become a mediator in the dispute.
The deteriorating relationship between South Korea and Japan could possibly complicate US efforts to strengthen three-way cooperation on North Korea's nuclear program and in countering China's growing influence in the region.
It has also noted that Japanese forces did not participate in the Korean War and that they could only join the UNC with approval from the Ministry.
David Stilwell, the new US assistant secretary of state for East Asian and Pacific Affairs, arrived in Japan on Thursday on the first stop of a 10-day visit to Asia. That is especially true of Abe and his ultra-conservative backers in the ruling Liberal Democratic Party, who have been for years trying to whitewash Japan's embarrassing wartime past and are now busy campaigning for a July 21 election for the Upper House of Parliament.
Lee Young-chae, a professor at Keisen University in Tokyo, also said politics seemed to be a factor. "And it seems to be working".
The de facto boss of Samsung Group, which consists of its crown jewel Samsung Electronics, left for Japan on Sunday and will reportedly begin meetings with business leaders there to discuss the issue.
"Whether Japan implements additional measures depends on South Korea's response", Industry Minister Hiroshige Seko told a news conference. Seoul hoped Tokyo would withdraw the curbs and that the situation would not deteriorate further, it said.
South Korea raised the issue at a meeting of WTO member nations on Tuesday and will also raise it with USA officials in Washington, South Korean officials said.
Shinzo Abe, the Japanese prime minister, has indicated that he ordered restrictions on exports of chemicals critical to South Korea's high-tech manufacturing industry out of concern that banned technology is being shared with North Korea.
"The Japanese government's move to inflict damage on our economy to serve political purposes and link [the issue] with sanctions against North Korea without any evidence is surely not ideal for the friendship and security cooperation between the two countries", Moon said. He is due to meet executives from top conglomerates on Wednesday.
Japan said last week it would stop preferential treatment for shipments to South Korea of three materials used in the production of semiconductors and smartphone screens - photoresists hydrogen, fluoride fluorinated, and polyimides.
The dispute threatens to disrupt global supplies of South Korean memory chips and smartphones, with Samsung Electronics Co. and SK Hynix Inc. among the key names likely to be affected.