South Korean Foreign Minister Shares Concerns Over Japanese Trade Restrictions With Pompeo

MOSCOW (Pakistan Point News / Sputnik - 11th July, 2019) South Korean Foreign Minister Kang Kyung-wha held a telephone conversation with US State Secretary Mike Pompeo, expressing her concerns about Japan's restrictions on high-tech materials exports to the South, the South Korean Foreign Ministry said on Thursday.

Last week, the Japanese government canceled preferential treatment for the export of fluorinated polyimides, photoresist and hydrogen fluoride to South Korea, dealing a serious blow to the nation's high-tech industries.

"Minister Kang said that given that Japan's trade restriction step could cause damage to our companies and have a negative impact on the world trade order, as well as on U.S. firms, by disrupting the global supply system, it is undesirable in terms of the friendly cooperative relationship between South Korea and Japan and of trilateral cooperation among the South, the U.S. and Japan," the ministry said in a press release, as quoted by the Yonhap news agency.

According to the outlet, Kang also expressed hope that Seoul and Tokyo would reach a solution to their row through dialogue.

Pompeo, in his turn, expressed his understanding and noted the need to boost US-South Korean-Japanese cooperation.

The agency added that Kim Hyun-chong, the deputy chief of the South Korean presidential National Security Office, visited Washington D.C. on Wednesday to discuss the Seoul-Tokyo trade row with US officials.

Japan's decision to introduce restrictions on hi-tech materials exports to South Korea is believed to be a response to Seoul's last year's decision to order Japanese companies to provide compensations to the victims of forced labor during the Japanese colonization of the Korean Peninsula in 1910-1945.