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S. Korea to File WTO Complaint over Japan’s Export Curbs: Minister

S. Korea to File WTO Complaint over Japan’s Export Curbs: Minister

SEJONG/SEOUL, Jul. 1 (Korea Bizwire) — South Korea’s trade minister said Monday the government plans to file a complaint with the World Trade Organization (WTO) over Japan’s decision to tighten the rules for exports of semiconductor and display materials to Seoul, amid a simmering diplomatic row over wartime force labor. “South Korea has been making [...]

Seoul to Set Up Body to Deal with WHO’s Gaming Disorder Decision

Seoul to Set Up Body to Deal with WHO’s Gaming Disorder Decision

SEOUL, May 27 (Korea Bizwire) — South Korea plans to set up a body to address the World Health Organization’s decision to classify excessive gaming as an illness, while balancing the interests of the country’s high-profile gaming sector and growing concerns over gaming addiction, the government said Monday. The WHO last week defined problems caused [...]

Seoul Welcomes WTO’s Ruling on Fukushima Seafood Ban

Seoul Welcomes WTO’s Ruling on Fukushima Seafood Ban

SEOUL, Apr. 12 (Korea Bizwire) — South Korea on Friday welcomed the World Trade Organization’s decision to rule in favor of Seoul’s import restrictions on Japanese seafood in the wake of the 2011 Fukushima nuclear disaster and said it would keep the ban in place going forward. The WTO appellate body overturned several points of [...]

South Korea and Japan to Take ‘Public Fund-Supported Shipbuilding Industry’ Case to WTO

South Korea and Japan to Take ‘Public Fund-Supported Shipbuilding Industry’ Case to WTO

SEOUL, Nov. 7 (Korea Bizwire) — The Japanese government has moved forward with dispute settlement procedures at the World Trade Organization (WTO) regarding allegations that South Korea’s shipbuilding industry is being supported by government funds. Kim Deuk-hwan, the deputy spokesperson for the South Korean Ministry of Foreign Affairs, said at a regular briefing on Tuesday [...]

S. Korea Files Appeal Against WTO Ruling on Fukushima Seafood Ban

S. Korea Files Appeal Against WTO Ruling on Fukushima Seafood Ban

SEOUL, Apr. 10 (Korea Bizwire) — South Korea’s trade ministry said Monday it has filed an appeal against a ruling by the World Trade Organization (WTO) on its import restrictions on Japanese seafood after the 2011 Fukushima nuclear disaster. Japan officially lodged a complaint at the WTO in 2015 to challenge South Korea’s import bans [...]

S. Korea to Appeal WTO Ruling on Fukushima Seafood Ban

S. Korea to Appeal WTO Ruling on Fukushima Seafood Ban

SEOUL, Feb. 23 (Korea Bizwire) — South Korea will appeal the World Trade Organization’s ruling on its import restrictions on Japanese seafood after the 2011 Fukushima nuclear disaster and keep them in place until a final decision is made, Seoul’s trade ministry said Friday. Japan officially lodged a complaint at the WTO in 2015 to [...]

WTO Petition Against US Tariffs Offers Little Comfort to South Korean Companies

WTO Petition Against US Tariffs Offers Little Comfort to South Korean Companies

SEOUL, Jan. 26 (Korea Bizwire) — The South Korean government’s plan to file a WTO petition against U.S. safeguard measures is unlikely to buoy the spirits of local exporters, as previous cases have proven ineffective. Following the U.S. government’s decision to impose anti-dumping duties on South Korean washing machines and solar panels, the South Korean [...]

Korea Notifies WTO of Its Request for Talks with U.S. over Safeguard Measures

Korea Notifies WTO of Its Request for Talks with U.S. over Safeguard Measures

SEOUL, Jan. 26 (Korea Bizwire) — South Korea has notified the World Trade Organization (WTO) that it has asked the United States for consultations over the latter’s imposition of a safeguard measure on imported large residential washers, Seoul’s trade ministry said Thursday. A document, posted on the WTO’s website, showed that Seoul made the request [...]

South Korea Gives $35,000 in Trade Aid to Developing Countries

South Korea Gives $35,000 in Trade Aid to Developing Countries

GENEVA, Oct. 19 (Korea Bizwire) – South Korea has given 390 million won to developing countries in trade aid in the hopes of helping improve trade bargaining power and enabling productive trading, according to the World Trade Organization. The aid for trade from South Korea was given to the Doha Development Agenda Global Trust Fund, which [...]