EU Refuses To Escalate Monitoring Of Korean Auto Imports

Law360, New York (October 22, 2012, 6:38 PM EDT) -- The European Commission on Monday denied a French request for regulators to more closely monitor automobile imports from South Korea, saying there was no indication that manufacturers were selling vehicles in France at below market value.

France requested that the European Union begin monitoring South Korean car imports in August under the terms of the 2011 EU-South Korea Free Trade Agreement, which eliminated tariffs for industrial and agricultural goods. The request for increased monitoring would have required companies to report to member states what Korean products...
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