Japan, South Korea to Meet for Second Round of WTO Consultations

Japan and South Korea will hold a second round of World Trade Organization consultations on Nov. 19, Japan’s Ministry of Economy, Trade and Industry said Nov. 8. The two countries will meet in Geneva to discuss their ongoing trade dispute, which stems from Japan’s July decision to restrict exports of three chemicals used to make high-tech goods such as smartphones and semiconductors (see 1907010020). South Korea followed with its own set of export restrictions in August (see 1908120036). The first WTO meeting took place Oct. 11 (see 1910100043).