Japanese Prime Minister Fumio Kishida told U.S. President Joe Biden that he would properly handle chip export controls.

(European News Agency)

[Financial Channel/Comprehensive Report] Japan’s Deputy Chief Cabinet Secretary Kihara Seiji revealed that Japanese Prime Minister Fumio Kishida told US President Joe Biden that he would properly handle the issue of chip export control. Japanese officials agreed on the importance of managing the export of sensitive technologies, especially from From the point of view of economic security.

Kishida said Japan's position has long been to coordinate with the international community and strictly control exports under the foreign exchange law.

Japan will continue to deal with this issue in accordance with the direction of the regulations of various countries, including the United States.

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Washington's October 2022 announcement to limit exports of key technologies to China and undercut China's efforts to develop its own semiconductor supply chain is part of a broader U.S. effort to manage China's strategic competition.

The United States is seeking the cooperation of allies and partners related to the industry.

U.S. and Japanese officials met separately in Washington on Friday to discuss economic security, according to statements from the U.S. State Department and the Foreign Ministry.

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