Maito Tozawa

Amendments to the Foreign Exchange Order, etc. (complementary export regulations, etc.) To ensure domestic and international peace and security, amendments to Japan’s export controls were promulgated on 9 April 2025 in response to changes in the global security environment and based on the contents of the interim report issued on 24 April 2024.1 Most of the amendments will come into effect on 9 October 2025.

South Korea March 12 2025 On March 4, 2025, the Korea Trade Commission (KTC) announced the launch of the anti-dumping (AD) investigation into hot-rolled steel plates imported from Japan and China. This investigation was launched in response to the anti-dumping complaint filed by Hyundai Steel, a major South Korean steel manufacturer, with the KTC in December 2024, claiming that it was suffering damage due to the unfairly cheap imports of hot-rolled steel plates from Japan and China.

Effective 30 December 2024, regulations promulgated on 30 October 2024 will require intended technology transfers of the “Technologies Subject to Important Management” to be reported in advance to the Ministry of Economy, Trade and Industry.