S. Korea strongly urges Japan to withdraw all export curbs, refutes Tokyo's claims one by one 2019-07-24 13:20:17 KST
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Most Popular Cutting S. Korea from trade whitelist is another violation of GATT: S. Korean official Arriving in Geneva on Monday evening,.. Seoul's senior trade representative, Kim Seung-ho said that the Japanese government is already violating WTO regulations with its export curbs, and that cutting South Korea from Tokyo's trade whitelist would further breach the global trade rules. "I will refute Tokyo's stance sternly but with grace. I will explain to the WTO member countries the unfairness and gravity of Tokyo's export curbs." Among many possible arguments, he is likely to refer to the General Agreement on Tariffs and Trade or "GATT." Article 11 of the agreement prohibits WTO member countries from putting restrictions on exports. And Kim will likely argue that the Japan's export curbs violate this provision. And on Japan's move to take South Korea off its trade whitelist, Kim can argue that Japan is violating the Most-Favoured-Nation rule aimed at giving equal treatment to all other WTO countries, a rule guaranteed under paragraph 1 of Article 1 in the trade agreement. The council, made up of representatives of 164 countries, functions as the WTO's top decision making body aside from the ministerial-level conference that's held every two years. Seoul aims to win other countries' support so it can heighten pressure on Tokyo. Meanwhile South Korea's trade minister Yoo Myung-hee is visiting Washington this week to highlight the unfairness of Japan's export restrictions. "I will meet with U.S. trade experts and clarify the ramifications of Japan's export curbs on companies in the U.S. and the rest of the world." It remains to be seen how the international community will react to the remarks made by Seoul and Tokyo during what promises to be a tense council meeting in Geneva. Choi Si-young, Arirang News. 2019-07-23 U.S. National Security Advisor John Bolton visits Seoul, Tokyo amid heightened trade tensions U.S. National Security Advisor John Bolton has left for South Korea and Japan amid increasing trade tensions between the two neighbors over wartime forced labor. The spokesperson for the White House National Security Council tweeted Saturday that Bolton departed for Seoul and Tokyo to continue conversations with critical allies and friends. Bolton tweeted the next day that he met with Senator Sullivan to discuss major national security issues as well as his stops in Seoul and Tokyo. Dan Sullivan is a member of the U.S. Senate Foreign Relations Committee. South Korea's presidential Blue House confirmed Bolton will be in Seoul on Tuesday and Wednesday. He's expected to meet his South Korean counterpart, Chung Eui-yong as well as Foreign Minister Kang Kyung-wha and Defense Minister Jeong Kyeong-doo. Analysts forecast Bolton could be coming to Northeast Asia with a message from President Trump, as the U.S. President has said he's willing to help, if needed. "So maybe if they would both want me to, I'll be, it's like I'm it's like a full time job getting involved between Japan and South Korea. But I like both leaders, I like President Moon. And you know how I feel about Prime Minister Abe. He's a very special guy also. So, if they need me I'm there." During his trip to Seoul, Bolton may also seek support for protecting the Strait of Hormuz from Iranian attacks as well as issues regarding the denuclearization of the Korean Peninsula. It remains to be seen whether Bolton could alleviate Seoul-Tokyo tensions, or revive trilateral high-level talks among Seoul, Washington and Tokyo. Kim Hyo-sun, Arirang News. 2019-07-22 3.9 magnitude quake hits southern Sangju City, no injuries or damages reported A three.nine magnitude earthquake struck central South Korean city of Sangju on Sunday but no damages or injuries have been reported. The tremor is the third-strongest to hit the nation this year, but the strongest to have occurred inland. The Korea Meteorological Administration said the quake occurred at eleven-oh-four AM and that it has classified the quake as a level four which is usually strong enough to rattle windows. Meanwhile, a 2.oh magnitude struck in waters off of the nation's southwestern city of Gunsan earlier this morning at one-fifteen AM, with no damages or injuries reported. 2019-07-22 U.S. has had very positive correspondence with N. Korea: Trump Speaking to reporters at the White House on Monday, President Trump said his administration recently had "positive correspondence' with the North Koreans, as they continue to work toward resuming talks on denuclearization. "No, we just have a very good relationship and probably they would like to meet, and we'll see what happens. There was a little correspondence recently very positive correspondence with North Korea. Again there's no nuclear testing, there's no missile testingwhen they're ready, when they're ready we'll be ready." With Pyeongyang and Washington deadlocked over the stalled nuclear talks, the leaders expressed a willingness to resume talks in the near future during last month's historic meeting at the DMZ. However, North Korea warned last week, that if the U.S. broke a pledge not to hold a military exercise with South Korea, the talks could be at risk. U.S. Secretary of State Mike Pompeo rejected the notion that military drills would breach any agreement between the two leaders. Seoul has also stated the military exercise will go ahead as planned next month. Pompeo said Monday that he hopes Pyeongyang takes a different position when they resume nuclear talks. While he didn't elaborate on what that may be, he said the task is "simple", considering North Korean leader Kim Jong-un already committed to denuclearize during his first summit with President Trump in June 2018. Lee Seung-jae, Arirang News. 2019-07-23
