Beijing’s export licenses and Washington’s reciprocal trade laws leave Korean firms exposed to two incompatible regimes
China’s latest export control orders have eliminated South Korea’s room for neutrality between competing legal systems.
The country’s Ministry of Commerce issued Orders 61 and 62 on Thursday, imposing export licenses on foreign re-exports of products containing Chinese rare earth materials and on all related technologies, extending Beijing’s authority to overseas manufacturers and technical data.
China’s latest export control orders have eliminated South Korea’s room for neutrality between competing legal systems.
The country’s Ministry of Commerce issued Orders 61 and 62 on Thursday, imposing export licenses on foreign re-exports of products containing Chinese rare earth materials and on all related technologies, extending Beijing’s authority to overseas manufacturers and technical data.
Get your
KoreaPro
subscription today!
Unlock article access by becoming a KOREA PRO member today!
Unlock your access
to all our features.
Standard Annual plan includes:
-
Receive full archive access, full suite of newsletter products
-
Month in Review via email and the KOREA PRO website
-
Exclusive invites and priority access to member events
-
One year of access to NK News and NK News podcast
There are three plans available:
Lite, Standard and
Premium.
Explore which would be
the best one for you.
Explore membership options
© Korea Risk Group. All rights reserved.
No part of this content may be reproduced, distributed, or used for
commercial purposes without prior written permission from Korea Risk
Group.