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Image header Agence Europe
Europe Daily Bulletin No. 7855
Contents Publication in full By article 18 / 47
GENERAL NEWS / (eu) eu/korea/shipbuilding

European Commission opens formal procedure against Korean subsidies to shipbuilding industry

Brussels, 04/12/2000 (Agence Europe) - The European Commission decided to open an investigation procedure concerning Korean subsidies to its shipbuilder, under the EU trade barriers regulation (TBR). The elements of proof provided by the Committee of European Union Shipbuilders Associations (CESA) seems in fact to bear witness to the unfairness of this practice, which has already been the object of numerous bilateral talks, and the existence of a prejudicial trade impact for the European...

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