The trade friction between South Korea and Japan has attracted considerable attention and led many (click here and here) in the Korean media to question MoE’s chemical regulations including K-REACHand CCA. In response to Korean media’s criticism of K-REACH and CCA, the MoE has issued several official explanations reiterating its stance and urging the public not to blame chemical regulation for material localization issues (CL news, click here and here). However, to appease concerns, MoE will amend the implementation of some regulations to minimize industry losses during this difficult time.
In July, the Deputy Prime Minister of South Korea Hong Nam-ki offered details on proposed reforms during the 3rd Ministerial Meeting on Japan’s Trade Curbs, stating that the government will ease new chemical registration for R&D purposes. (CL news). So far the MoE hasn’t issued any practical implementation guidance.
In the latest official explanation, MoE stated that special measures will be taken to facilitate the localization of materials and promote R&D.
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