South Korea has lodged compliant in the World Trade Organization (WTO) over China’s alleged unfair trade practices in the wake of THAAD missile fiasco. This was confirmed by the country’s trade minister Joo Hyung-Hwan on Monday.
South Korea has lodged compliant in the World Trade Organization (WTO) over China’s alleged unfair trade practices in the wake of THAAD missile fiasco. This was confirmed by the country’s trade minister Joo Hyung-Hwan on Monday.
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„We have notified the WTO that China may be in violation of some trade agreements,“ Joo responded to parliamentarians over questions on how his government plans to respond to China’s ongoing trade war.
Joo informed that the complaint was lodged last week after Beijing imposed restrictions on South Korean companies in the tourism and distribution sectors. This is latest in the series of actions that Chinese government is recently been taking against the South Korean companies following the THAAD fallout.
