ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
International relations

Japan sanctions threat on South Korea sparks supply chain fears

Companies on both sides worry about further deterioration in vital trade relationship

A Samsung chipmaking facility in Hwaseong. The South Korean group depends on Japanese suppliers. (Photo courtesy of Samsung Electronics)

SEOUL -- The prospect that Japan could impose economic sanctions on South Korea over a legal dispute concerning wartime labor cases has raised anxiety in Seoul and among companies on both sides that depend on cross-border supply chains.

South Korea's Foreign Ministry said Wednesday that Kim Yong-kil, director-general for Northeast Asian affairs, will meet here Thursday with his Japanese counterpart Kenji Kanasugi to discuss the issue, in which Japan-based industrial groups have been ordered to compensate forced-labor victims

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more