Việt Nam, RoK talk trade remedies

Việt Nam and the Republic of Korea (RoK) looked into measures to reduce trade disputes, tackle emerging issues in this field, and step up cooperation in anti-dumping investigations, at a conference on Wednesday.

Việt Nam and the Republic of Korea (RoK) looked into measures to reduce trade disputes, tackle emerging issues in this field, and step up cooperation in anti-dumping investigations, at a conference on Wednesday.

At the eighth conference on cooperation in trade remedies, jointly held by the Korea Trade Commission under the Ministry of Trade, Industry, and Energy, and the Trade Remedies Authority of Việt Nam at the Ministry of Industry and Trade, the two sides also sought ways to enhance bilateral trade.

Since the Việt Nam-RoK Free Trade Agreement (FTA) took effect in 2015 and the two countries signed a deal on expanding collaboration between their trade remedies agencies in 2018, they have engaged in discussions on each country’s import regulations and established a cooperation channel for sharing views on trade defence matters.

Regarding Việt Nam's anti-dumping investigation into galvanised steel from the RoK, initiated in June, the East Asian country said the product’s direct impact on Việt Nam’s steel industry is not significant, asking the country to thoroughly consider this issue.