South Korea’s Moon urges Japan to remove export curbs - GulfToday

South Korea’s Moon urges Japan to remove export curbs

  • 08 Jul 2019
Moon-Jae-in_750

Moon Jae-in delivers his speech on the govt’s 2019 budget proposal during a plenary session at the National Assembly in Seoul. File photo/Reuters

South Korea’s President Moon Jae-in has urged Japan to withdraw export controls on high-tech materials bound for South Korea, he said on Monday, calling the restriction a bid to limit bilateral private trade with a political aim.

In his first public remarks on Japan’s restriction on exports to South Korea, Moon said the issue had became a concern for the world as it put a global supply chain at risk.

South Korea’s tech giant Samsung Electronics Co and SK Hynix Inc - the world’s top memory chipmakers, and suppliers to Apple and China’s Huawei Technologies - could face delays if the measures that took effect on Thursday drag on.

Reuters

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