Japan violates WTO rules for shipbuilding support in South Korea

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The South Korean government continues to support its shipbuilding companies with great support because it violates the rules of the World Trade Organization (WTO). We requested the South Korean side to reopen consultations between countries.

The Korean government, which has provided 1.2 trillion yen in public funding to a major shipbuilding company that has fallen into a business crisis, has been providing extraordinary support to shipbuilding companies in its own country. Is urging the Korean side to rectify the response.

In December, the Japanese and South Korean governments held bilateral talks premised on a suit before the WTO subcommittee, but the Korean side asserted that it did not violate WTO rules. I did not agree.

Since then, the response has not been corrected, as South Korean government-affiliated financial institutions have announced plans to invest 100 billion yen in additional funds.

The Japanese government has been carefully considering this issue, partly due to the deterioration of Japan-Korea relations, but requested on the 31st that bilateral talks should be held again on the ground that the South Korean response violated WTO rules. did.

The Government of Japan has a policy of requesting further correction at the meeting.

South Korea “No basis for Japan's claim”

The Korean Ministry of Industry, Trade and Resources issued a comment on this matter, stating, "In accordance with the WTO's dispute resolution procedure, Japan explained that Japan's allegations were groundless and that our measures were consistent with international norms. We will actively respond to the issues raised. "