News
WTO sets up panel for Japan South Korea dispute over stainless steel bar antidumping duties
31/10/2018
Mainichi reported that the World Trade Organization on Monday set up a panel to settle a dispute between Japan and South Korea over antidumping duties Seoul has levied on imported stainless steel bars for about 14 years. The panel was established at the request of Japan after the countries failed to resolve the dispute through bilateral consultations in August. At issue is South Korea's placing of a 15.39 percent tariff on Japanese stainless steel bars in order to protect its domestic industry. The levy has been extended twice since 2004, bringing the total imposition to about JPY 4.9 billion (USD 44 million) by the end of June last year.
Turkey: Anti-Dumping Measures On Vulcanized Rubber Thread And Cords From Thailand Will Remain In Force
29/10/2018
The Turkish Ministry of Trade ("Ministry") on 8 September 2018 decided that the current anti-dumping measures against vulcanized rubber thread and cords from Thailand will remain in force. The case is a reminder that companies may benefit from cooperation with the Ministry by having lower antidumping duties imposed.
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