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 [...]
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 [...]
SEOUL, Sept. 11 (Korea Bizwire) — The World Health Organization (WTO) has recommended South Korea to adopt more stringent regulations to ban cigarette smoking in public places and restrict tobacco advertising and promotions. The WTO has been issuing the outcome of the MPOWER project assessing the implementation of monitoring, protecting, offering help, warning, enforcing bans [...]
SEOUL, March 7 (Korea Bizwire) – The South Korean government and ruling party agreed Tuesday to “actively” consider filing a complaint with the World Trade Organization (WTO) over China’s escalating economic retaliation against the planned deployment of a U.S. missile defense system to the peninsula. The move came after the Chinese authorities reportedly directed local [...]
SEOUL, Dec. 22 (Korea Bizwire) – The Ministry of Agriculture, Food and Rural Affairs announced Wednesday that it is importing 116,000 tons of rice – 25,000 tons for consumption and 91,036 for processing – to fulfil its WTO-regulated annual tariff-rate quota of 487,000 tons of rice. South Korea was given a 20-year grace period for [...]
SEJONG/ISTANBUL, Oct. 7 (Korea Bizwire) — South Korea is seeking more free trade pacts and is committed to the establishment of a global value chain, the country’s vice trade minister has said. Speaking at a two-day G-20 trade ministers meeting which ended in Istanbul on Tuesday, Vice Minister Moon Jae-do said that following the 2008 [...]
WASHINGTON, DC, Aug. 14 (Korea Bizwire) – The New Zealand Government’s signing, today, of the World Trade Organisation’s (WTO) Government Procurement Agreement (GPA) has presented a massive opportunity. Sir William Gallagher, CEO and Chairman of the Gallagher Group, is overjoyed at the potential this agreement presents for his global security business. “As with all New [...]