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Finalized? Korean government: Move Japan out of the "white list" as soon as next week

According to the Yonhap News Agency, the relevant person of the Korea Ministry of Industry, Trade and Resources said at the press conference that the work related to the revision of the "Important Goods Import and Export Notice" that removed Japan's export "white list" has entered the final stage, and the government officially announced the next week. Amendment. This also means that the South Korean government will move Japan out of its "white list" as soon as next week.

After export control of semiconductor materials exported to Korea, on August 28th, Japan officially removed South Korea from its “white list”. In just two weeks, South Korea took action to protest.

It is reported that according to the amendment, South Korea has changed the "class A" of the "white list" countries to "A1" and "A2". “A1” means that the treatment of Class A countries that enjoy the simplified treatment of export procedures remains unchanged; Class A2 refers to the decline in treatment. Japan will be included in the new Category A, which is the only country in the 28 highest-ranking Class A countries that was moved to Category A.

The Ministry of Industry of the Republic of Korea stated that the amendment to remove Japan from the "white list" aims to strengthen export management, not retaliatory measures.