Trade War Between Japan And South Korea – Are The WTO Laws Shielding Political Vendetta?

This article has been divided into two parts. First part envisages to analyse the validity of Japan’s argument that the move has been made because there is a risk to ‘national security’ and therefore, it is covered under the ‘security exception’ of Article XXI, GATT. Second part analyses the consequence of Japan’s actions on the economies of South Korea and Japan and it also evaluates the effect on global supply chain of semiconductors.

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