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Image header Agence Europe
Europe Daily Bulletin No. 7648
Contents Publication in full By article 23 / 48
GENERAL NEWS / (eu) eu/korea

03/02/2000 (Agence Europe) - The European Automobile Manufactuters' Association (ACEA) and the US Automobile Trade Policy Council have launched a joint campaign to obtain more openness on the Korean car market. The manufacturers want the Korean Government to correct the effects of Korean consumers' protectionist reactions and point out that Korean tax authorities used to systematically conduct tax inspections on owners of foreign cars, which has had a deterrent effect, even now that the policy has been discontinued. They also criticise the attitude of the media, which identify foreign car owners as crooks. Korea imported 2,401 cars in 1999 and exported 1.5 million to Europe and the United States, report ACEA and ATPC in a joint statement.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION