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Japan, South Korea drop export claims against each other


Japan and South Korea almost simultaneously dropped their export claims against each other on Thursday in the latest sign of improving ties.
Japan’s Ministry of Economy, Trade and Industry announced that effective Thursday the country would lift export controls of three key semi-conductor-related materials imposed in 2019 against South Korea, while Seoul said it would drop its complaint with the World Trade Organization over the issue.
The two sides agreed to the plan as part of their recent effort to improve ties and the announcement came a week after their leaders agreed to work past their troubled history and mend ties so they can better respond together to growing regional threats.
The announcement came hours after South Korea’s unification minister and senior Japanese government officials reaffirmed their close cooperation in response to North Korea’s escalating missile threats at a rare meeting.
Kwon Youngse is in Tokyo for talks with Japanese ministers and top governing party officials, becoming the first unification minister to do so in 18 years. His trip comes on the heels of South Korean President Yoon Suk Yeol’s summit with Japanese Prime Minister Fumio Kishida last week, when they agreed to resume regular visits and launch high-level talks on security, trade and other issues.

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