Economics
WTO Agrees to Mediate Japan, South Korea Electronics Dispute
- Three-member panel to investigate Japan’s export restrictions
- South Korea says Japan unfairly blocked electronics components
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The World Trade Organization granted South Korea’s request for a dispute inquiry into Japan’s decision to restrict exports of electronics components.
During a meeting in Geneva Wednesday, it agreed to establish a panel of three experts to determine if Japan violated WTO rules when it imposed restrictions on three classes of chemicals used in the production of smart-phone displays, TV screens and semiconductors.