The South Korean Industry Ministry stated that the new US export controls on critical technologies, such as quantum computing and cutting-edge semiconductor manufacturing, will have minimal impact on South Korean businesses. The US Commerce Department's Bureau of Industry and Security published an interim final rule to implement controls on 24 goods, aiming to hinder technological advancement by US adversaries, including the gate all-around (GAA) chipmaking process. The ministry highlighted that the US measure aims to prevent advanced technologies from being repurposed for military use through coordinated controls with allies and like-minded nations. Notably, South Korea's exports from the US operate under a presumed approval principle, mitigating the impact of the US export controls on Korean companies. The new US regulations require "like-minded" nations and allies to obtain approval from the US BIS for trading goods subject to the controls. South Korea, as a country that cannot independently regulate items beyond those agreed upon within the international export control regime under its Foreign Trade Act, has not been granted an exemption. However, the Industry Ministry explained that the Korean government should be able to cooperate with the US government to coordinate control measures when a law revision aimed at expanding the export control items is expected in October. Meanwhile, industry officials in South Korea believe that the chip sector, including Samsung Electronics, will not be significantly affected by the US regulations due to the company's established production system for GAA technology. The US is implementing trade curbs to ensure that critical technologies are not used for purposes contrary to US national security or foreign policy, particularly military applications. The under secretary for the Bureau of Industry and Security emphasized the importance of aligning controls on quantum and other advanced technologies to make it significantly more difficult for adversaries to develop and deploy these technologies in ways that threaten collective security.