INSIGHT: NORTHEAST ASIA - Japan and South Korea move forward with ‘future-oriented
16 May 2023
MAY 16, 2023 INSIGHT: NORTHEAST ASIA Japan and South Korea move forward with ‘future-oriented partnership’ THE TAKEAWAY Following the March 16 summit, South Korea retracted its complaint against Japan’s export curbs In keeping with his campaign pledge to build a filed with the World Trade Organization, while “future-oriented partnership” with Japan and Japan committed to lifting its export restric. [...] The two leaders met again IN BRIEF during Kishida’s first bilateral visit to Seoul on May 7, marking the full-scale resumption of “shuttle After a series of high-level meetings between political diplomacy,” or regular mutual visits, as agreed upon and defence officials following Yoon’s election in by Yoon and Kishida in March. [...] Overall, The meeting marked a significant rebound: bilateral the summits proved to be critical opportunities for relations, deteriorating throughout the 2010s, discussions on strengthening and expanding security reached a low point in 2018 over a South Korean court and economic ties, signalling a possible reshaping of case, which led to a diplomatic row and trade tensions. [...] Keidanren, alongside its South Korean water on cargo ships — were dumped into South counterpart, the Federation of Korean Industries, will Korean waters from mid-2017 to the end of 2022, jointly host a forum on industry co-operation in Seoul resulting in small-scale protests across the country. [...] The proposal aligns with Canada’s could change soon, however: Japan’s Ministry of Indo-Pacific Strategy, by emphasizing the need to Economy, Trade and Industry is currently canvassing promote “peace, resilience, and security,” but it the public on possible revisions to its own export remains to be seen if the proposal will advance at the control rules.