Joke: After Japan And Korea Kick Each Other's "White List", Do We Still Have A Chat?

The South Korean government released a revised strategic import and export notice 12, decided to move Japan out of Korea's trade "white list". This is the South Korea's Anti Japanese measures taken before the Japanese move out of the trade "white list", to "pull black" as a warning.

Pedestrians walk past the billboards marked with the flag of Japan and Korea on August 2nd in the new capital of Tokyo, Japan.

It is worth noting that South Korea has reserved a window period of 10 days for the implementation of the new regulation, and has also expressed its willingness to conduct relevant consultations with the Japanese side. Analysts believe that more than the start, the South Korea's counteraction is more political response, and the easing of bilateral relations needs the joint efforts of the governments of Japan and Korea to replace confrontation with consultation.

Japan and Korea kick each other "white list"

According to the statement issued by the Ministry of industry and Commerce resources of Korea on 12 th, South Korea divided the "category a" trade objects enjoying the strategic import and export convenience policy into two categories: "a 1" and "a 2". The former "category a" trade object Japan was included in the new category "a 2". The new "2" category is only one country in Japan.

On August 2nd, President of South Korea hosted an emergency state conference in Seoul, South Korea.

According to Yonhap, 29 of South Korea's trade partners were given the highest level of "class a" export convenience, and Japan was one of them. The new measures mean that Japan no longer belongs to the "trusted trading partner" of Korea, or the so-called "white list" country. The examination and approval procedures for Japanese exports are correspondingly simplified. The review time was extended from 5 days to 15 days. But even so, the review time is much shorter than the 90 day set by Japan for Korea.

In August 15th, Japan surrendered on World War II and was called "recovery Festival" in South Korea. Wen said 12 days ago that in the coming days of recovery, South Korea should resolutely respond. He stressed that facing economic retaliation in Japan can not be sentimental. We should calmly think about the fundamental countermeasures and make long-term plans.

According to the Ministry of industry and commerce, the new classification rules will be consulted and accepted by the public within the next 20 days, and will be implemented in mid September. The Korean government is willing to negotiate with Japan at any time and place if the request is made during the consultation period.

South Korean media believe that South Korea's move is to counter the Japanese government's previous export control measures to South Korea. The Japanese government announced in July 1st that it would strengthen censorship and control over the three semiconductor raw materials exported to South Korea, triggering trade frictions between Korea and Japan. The trade friction between the two sides has been fermented recently. The Japanese government announced in early August that it could remove the Republic of Korea from the "white list" that could enjoy trade facilitation.

Bilateral relations are not irreversible.

Then, will South Korea's "tit for tat" against Japan further exacerbate the contradictions between the two countries? Where will the future economic and trade frictions between Japan and Korea go?

In August 2nd, in the new capital of Tokyo, the Japanese capital, the goods on the store shelves were placed in South Korea.

Analysts believe that during the release of the amendment, South Korea reserved a window period for the implementation of the new regulation, and also expressed willingness to engage in relevant negotiations with the Japanese side.

Wang Sheng, a professor at University of International Relations, Jilin University, said that Japan's economic sanctions had been a heavy blow to the economic lifeline of South Korea, and South Korea had to fight back passively. In response to Japan's economic retaliatory measures, South Korea must respond to the situation, but the South Korean side does not want the situation to develop to an unmanageable situation, so there is room for improvement.

Japan's previous moves have caused a strong anti Japanese sentiment among the Korean people. If not controlled, Japan and South Korea's folk relations are likely to go all the way, which is also what Japan is worried about.

Once South Korea's Anti Japanese measures are introduced, its impact on the Japanese economy can not be underestimated. The Japanese side is unwilling to see further deterioration of the situation, and the control of semiconductor materials exported to Korea has been loosened. So although the current bilateral friction appears to be "in deep water", it is not beyond redemption.

A combination of two benefits will hurt all.

The two are good while the other is hurt. Both governments in Japan and South Korea have realized this. The key to the easing of relations between the two countries is that Japan needs to cancel the restraining order under pressure, while South Korea needs to play down its anti Japanese sentiment.

On June 28th, Japanese Prime Minister Abe Shinzo (right) welcomed the Korean President Wen Yin in Osaka, Japan.

Three feet of ice are not cold in a day. The contradiction between Japan and South Korea has existed for a long time, and bilateral issues still need to be resolved through negotiations so as to ensure that the economic and trade relations between the two countries will not develop in a bad direction.

Background link

In July 4th, the Japanese government strengthened the control of the 3 key chemicals exported to Korea. Prior to this, the Japanese side has been issuing 3 years of effective license to South Korean export enterprises, omitted individual applications, but each contract after export control needs to be examined to determine whether it can export.

The South Korean side confirmed that the Japanese side's action was obviously retaliation for the South Korean Supreme Court's ruling last year that Japanese enterprises compensated the Korean laborers who were forced during the Second World War. The Japanese side believed that according to the agreement on Japan and South Korea's right of claim signed by the two countries in 1965, the issue of South Korean workers' claim has been settled.

The Japanese side has proposed bilateral consultations and an arbitration committee containing third party members to arbitrate the matter, but it has not received the response from the ROK.