The Korea International Trade Association (KITA) announced on May 19 that it submitted a formal opinion to the U.S. Department of Commerce, voicing concerns over the ongoing Section 232 national security investigation under the U.S. Trade Expansion Act. The submission, made on May 16 the final day for stakeholder feedback focuses on safeguarding South Korea’s position in the international trade supply chain of critical minerals.
The investigation, initiated by the U.S. on April 22, seeks to determine whether imports of processed critical minerals and related products pose a risk to national security. Based on the findings, Washington may impose new trade restrictions or tariffs, which could affect international trade and supply chain management globally.
KITA argued that South Korean exports of processed critical minerals do not threaten U.S. national security and should be excluded from Section 232 actions. The association emphasized Korea’s leadership as chair of the Minerals Security Partnership (MSP), a U.S.-led initiative aimed at strengthening and diversifying the global trade and supply chain management of critical minerals.
Highlighting Korea’s role as a strategic ally, KITA urged the U.S. to consider the long-standing partnership in the MSP, which includes key players in the international trade and supply chain network. The association further emphasized that South Korea's involvement enhances global stability and supports secure exim in supply chain operations for all member countries, including the U.S.
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