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South Korea presses EU for fair treatment on new steel import duties

From channelnewsasia.com

South Korean President Lee Jae Myung asked the European Union to give Korean steel makers "favorable consideration" as the bloc gets set to raise import tariffs on July 1, his office said on Thursday. Lee made the request during a summit with European Council President Antonio Costa and European Commission President Ursula von der Leyen in Belgium on Wednesday, the president's office said in a statement. At the meeting, Lee asked the EU to ensure South Korean steel makers can access the bloc's market on terms no less favourable than those offered to competitors, citing South Korea's status as a strategic and free ... (full story)

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  • Category: Fundamental Analysis