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Wednesday, February 22, 2017

National

The United States Department of Commerce has decided to impose anti-dumping duties on emulsion styrene butadiene rubber (ESBR) exported from S. Korea to the US.
2nd Anti-dumping Duty This Year
20 February 2017 - 12:00pm
The United States Department of Commerce recently decided to impose anti-dumping duties on emulsion styrene butadiene rubber (ESBR) exported from South Korea to the United States. Last month, the...
The analysis is gaining ground that Japan was behind a Financial Times’ (FT) story that said, "Currency manipulation countries are South Korea and Taiwan."
Invisible Hands Behind
16 February 2017 - 11:00am
Lately the analysis is gaining ground that Japan was behind a Financial Times (FT) story which said, "Currency manipulation countries are South Korea and Taiwan." The Nihon Keizai Shimbun Newspaper...
S. Korean Government Planning to Give Rice to Overseas Countries as Aid
Addressing Rice Glut
10 February 2017 - 11:00am
The South Korean government will push for overseas food assistance this year to overcome the oversupply of rice for the first time. In addition, it plans to balance rice supply and demand from 2019...
China and the EU are expected to increase their presence in global trade environments as U.S. President Donald Trump has promised to withdraw from the TPP.
Not Bad for S. Korea
8 February 2017 - 10:30am
The Korea Trade-Investment Promotion Agency (KOTRA) said on February 7 that Japan is likely to work with Australia and New Zealand in order to prevent the United States from withdrawing from the...
China is accelerating the improvement of its anti-monopoly law probably targeting S. Korean manufacturers as a retaliation to the planned deployment of US’ THAAD system in S. Korea.
Targeting S. Korean Manufacturers
6 February 2017 - 11:00am
As the relations between South Korea and China are getting tenser over the planned deployment of a U.S. Terminal High Altitude Area Defense (THAAD) anti-ballistic missile system on the Korean...
Deputy Trade Minister Lee In-ho has a press conference at the Sejong Government Complex on the announcement of the U.S. Department of Commerce on Jan. 30 (local time) to assign the preliminary dumping rates on Korean dioctyl terephthalate (DOTP).
Active Response
1 February 2017 - 11:00am
The U.S. government has imposed preliminary anti-dumping duties on imports of dioctyl terephthalate (DOTP) from Korea. In this regard, the Korean government held an emergency meeting and decided to...
Samsung SDI expects its struggling electric car battery business in China to be normalized by 2020still amid a strong uncertainty.
Normalization in China
25 January 2017 - 12:30pm
On January 24, Samsung SDI said that there was still strong uncertainty about its struggling electric car battery business in China and forecast that it will be normalized by 2020. “Battery subsidies...
Experts point out that Trump is likely to name the KORUS FTA as the target for next renegotiation following NAFTA..
US’s Withdraw from TPP
25 January 2017 - 11:00am
The United States officially declared its withdrawal from the Trans-Pacific Partnership (TPP) on January 23. U.S. President Donald Trump is planning to focus on bilateral trade agreements instead...
Major South Korean companies such as Samsung, LG and Hyundai Motor Company are considering the establishment of manufacturing facilities in the US to prepare against Donald Trump administration’s trade protectionism.
Responses to 'Trump Tax'
23 January 2017 - 12:45pm
South Korean enterprises’ concerns are rising over the Donald Trump administration’s trade protectionism. Major South Korean companies such as Samsung, LG and Hyundai Motor Company are considering...
The South Korean government decided to show an active response to China’s trade retaliation following its decision to accept the deployment of the THAAD system.
Determined Position
23 January 2017 - 12:45pm
The South Korean government decided to show an active response to China’s trade retaliation following its decision to accept the deployment of the Terminal High Altitude Area Defense (THAAD) system...
Lotte Group is expected to provide the Seongju Golf Course as a site for the THAAD (terminal high-altitude area defense) System.
Site for THADD
23 January 2017 - 11:00am
Despite concerns over retaliation from China, the Lotte Group is expected to provide the Seongju Golf Course as a site for the THAAD (terminal high-altitude area defense) System as agreed with the...
The Korean government will accelerate satellite technology independence and industrialization this year.
Satellite Technology
23 January 2017 - 11:00am
The Korean government and the Korea Aerospace Research Institute (KARI) will accelerate satellite technology independence and industrialization this year. This is a strategy to lay the foundation for...

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