(The following press release from the WTO was received by e-mail. The sender verified the statement.) Korea files dispute against US over anti-dumping measures on washing machines. Korea has notified the WTO Secretariat, on August 29, of a request for consultations with the United States on anti-dumping and countervailing measures adopted by the US Department of Commerce on "large residential washers" (large washing machines) from Korea. Korea considers that the use by the US Department of Commerce of a particular methodology (known as "zeroing") in the investigation over possible dumping practices by Korea in the exports of large residential washers are inconsistent with several provisions of the Anti-dumping Agreement and other WTO Agreements, and a violation of these agreements. Further information will be available within the next few days in document DS464. Request for consultations is the first step in a dispute at the Dispute Settlement System of the WTO. Response to the request has to be given within 10 days and the Member requested shall enter into consultations within a maximum of 30 days after the date of the receipt of the request. The maximum period of consultations is 60 days after the reception of the request, unless both parties agree otherwise. Consultations give the parties an opportunity to discuss the matter and to find a satisfactory solution without proceeding further with litigation. If consultations fail to resolve the dispute, the complainant may request adjudication by a panel. END
KOREA FILES DISPUTE AGAINST U.S. OVER WASHING MACHINES
Press spacebar to pause and continue. Press esc to stop.