Seoul’s envoy to Japan Yun Dukmin said a 3-nation summit with China wouldn’t affect ties with the US. Read more at straitstimes.com.
SEOUL – South Korea’s ambassador to Japan said “high-level” talks are underway for a three-nation summit with China poised to happen this year, and it wouldn’t affect ties with the US.There may be a “Camp David effect” that prompted China to reach out to its neighbours, Mr Yun said, adding that a summit with Beijing wouldn’t hurt relations with Washington after the historic meeting with the US.
Mr Biden has sought support from partners to stymie Beijing’s access to advanced semiconductors. Japan restricted exports of some chipmaking tools, following similar moves by the US and the Netherlands. South Korea has been a bit hesitant as major companies such as Samsung Electronics Co. and SK Hynix Inc. depend on China as a market and manufacturing site for their memory chips.
Meanwhile, relations with Japan have progressed very rapidly and this will cause a major shift in the regional strategic landscape, Mr Yun said. South Korean companies are starting to invest in Japan again, he said. This includes small- and medium-sized enterprises as well as giants such as Samsung, which is looking at an R&D center in the greater Tokyo region.Mr Yun said security cooperation with Japan and the US is set to expand as they face nuclear threats from the likes of North Korea. Mr Biden has assured Mr Yoon and Japanese Prime Minister Fumio Kishida that the US nuclear policy known as extended deterrence remains in place.
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