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Home›Green Marine›WTO gives South Korea 90 days to end shipbuilding subsidies
Green Marine

March 7, 2005 · about 21 years ago

WTO gives South Korea 90 days to end shipbuilding subsidies

The World Trade Organisation on Monday gave South Korea three months to halt certain shipbuilding subsidies following a complaint by the European Union against the world’s leading shipbuilding nation. The WTO’s disputes settlement panel said it had decided to “uphold the EU’s claim that Korea has pr

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The World Trade Organisation on Monday gave South Korea three months to halt certain shipbuilding subsidies following a complaint by the European Union against the world’s leading shipbuilding nation. The WTO’s disputes settlement panel said it had decided to “uphold the EU’s claim that Korea has provided prohibited subsidies” via the Korean export-import bank Kexim.

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