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Published on Aug 8, 2016
한국 상대 수입 규제 179건..정부 업계, 대응방안 논의
Korea's trade ministry says it will work to reduce the number of sanctions leveled against Korean industries and resolve ongoing disputes.
Korea's trade ministry says it will work to reduce the number of sanctions leveled against Korean industries and resolve ongoing disputes.
The remarks come after the Korea Trade Association reported Korea is on the receiving end of over 179 trade sanctions by 31 countries.
Anti-dumping regulations were the most common sanctions, at 125 cases.
Safeguarding, or the act of placing tariffs on imports that could damage the domestic market, was second, with 47 cases, while anti-subsidy duties ranked third, with seven cases.
India has filed for the most sanctions against Korea, with 32 claims, followed by the United States, with 23.
The steel and metal industries were the most common target, with 87 sanctions, followed by chemical companies, textiles and electrical goods.
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