Grate the fresh ginger and garlic, then prepare the remaining ingredients.
In a skillet, toast the sesame seeds over medium heat for 2-3 minutes, until golden brown. Set aside.
In a small saucepan, combine the soy sauce, honey, rice vinegar, and sesame oil. Add the grated ginger and garlic.
Pour in the water and simmer over medium heat for 5 minutes to allow the flavors to meld.
Season with ground black pepper, then stir in the toasted sesame seeds. Cook for another 2-3 minutes.
Let it cool slightly, then serve as a dipping sauce or accompaniment to fried dishes, salads, or grilled meats.
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