At the beginning of July, Japan announced that it would be placing national security restrictions on the export to South Korea of three chemical components critical for the production of semiconductors and screen displays. Since Japan’s initial decision, it has also removed South Korea from its “white list” of trusted trading partners. In response, South Korea has filed a complaint at the WTO over Japan’s national security restrictions, while also removing Japan from its own “white list.” The dispute has also resulted in a South Korean public boycott of Japanese products and spilled over into national security issues. Although these issues first began as a dispute between South Korea and Japan, the disruption of the semiconductor supply chain would also impact the global electronics supply chain, including for U.S. and Chinese companies.
Please join KEI and the Korea International Trade Association for a discussion of the economic issues behind the current dispute and its potential impact on the supply chains for semiconductors and consumer electronics.
Opening Remarks by:
Ambassador (ret.) Kathleen Stephens
President and CEO
Korea Economic Institute of America
The Honorable Young-ju Kim
Chairman and CEO
Korea International Trade Association
Keynote:
U.S. Congressman Joe Wilson
South Carolina - 2nd District
With Panelists:
Shihoko Goto
Deputy Director for Geo-economics and Senior Associate for NE Asia
Woodrow Wilson International Center for Scholars
Stephen Ezell
Vice President, Global Innovation Policy
Information Technology & Innovation Foundation
Dr. Marcus Noland
Executive Vice President and Director of Studies
Peterson Institute of International Economics
Lori L. Prater
Policy Director and Tax and Trade Counsel
U.S. Congressman Mike Kelly
Ranking Member, House Ways and Means Committee
Subcommittee on Oversight
Credit: Music: [ Ссылка ]
