"Not stimulating China"

Korean media: Han will propose the principle of negotiation of the "chip square alliance" to the United States- "not stimulating China"

South Korea's "Daily Economy" exclusively reported on the 7th that the United States recently proposed to South Korea to hold a preparatory meeting on whether South Korea participated in the "Chip Quartet Alliance". The United States proposes that the "Chip Quartet Alliance" should be based on the premise that "the participating countries should respect China's emphasis on China's principle" and "do not mention export restrictions on China".

Data map from Korean media

According to reports, government departments such as the Presidential Palace of South Korea, the Ministry of Planning Finance, and the Ministry of Industry of the Industrial and Commercial Resources stated on the same day that in response to the requirements of the United States, South Korea plans to hold a preparatory meeting early next month and formulate internal plans. South Korea will take "not stimulating China" as the principle of negotiation and be included in the meeting topic, and discuss the need for semiconductor cooperation with the United States.

It is reported that the United States had previously asked South Korea to informed whether to join the "Chip Quartet Alliance" before the end of this month, but South Korea had hinted that "this is not the time limit for (South Korea) to follow." Senior Korean government officials said that the Ministry of Foreign Affairs of the South Korean Ministry of Foreign Affairs will convey to the U.S. State Department to hold a "chip Quartet Alliance" to prepare for the meeting through formal diplomatic channels this week. The specific meeting time and place will be discussed after the Korean government officially conveyed its intention.

The "Daily Economy" states that the South Korean government has decided to propose to the United States based on the "two principles" and discuss future semiconductor cooperation directions. The specific content of the "two principles" refers to "the" chip Quartet Alliance "participating countries should respect China's principles emphasized" and "do not mention export restrictions on China." Relevant sources of South Korean government said that "the 'chip Quartet Alliance' is an agreement that can play a synergistic effect in the semiconductor industry for relevant countries."

On May 20th, the first day of the US President Bynden (first from the left) visited South Korea, South Korean President Yin Xiyue (second from left) accompanied the Samsung Electronic Semiconductor Factory in Panze, Gyeonggi -do. Tuyuan Korean Media

It was previously reported that the United States asked South Korea to reply to whether to participate in the "Chip Quartet Alliance" by the end of August. A spokesman for the Chinese Foreign Ministry responded to the end of July that the formation and development of the global industrial chain supply chain is the result of market law. Strengthen the open cooperation of the industrial chain supply chain to prevent fragmentation, which is conducive to all parties and the world. China opposes people to promote industrial transfer and decoupling, destroy the rules of international trade, and cut the global market. "We hope that the Korean side will start from its own long -term interests and fair and open market principles, upholding an objective and impartial stand, and doing more things that are conducive to the development of China and South Korea relations and the stability of the global industrial chain supply chain."

Source: Global Network/Fu Jiajun

- END -