S Korea Tax on Japanese Auto-worker Immigration

S Korea imposes anti-dumping duties on ind. robots from Japan
Wednesday April 20, 2005, 12:44 pm

SEOUL, April 20 Asia in Focus - South Korea has imposed preliminary antidumping tariffs on Japanese industrial robots mostly used on automobile assembly lines, the Finance Ministry announced. The move followed a ruling by the country's trade commission that robots from Japanese industrial robot manufacturers were being dumped at unfair prices.

* A final decision is expected in four to five months when the commission's investigation is likely to be completed.

* South Korea's industrial robot market was worth 56.7 billion won (US$56 million) in 2003, with imports accounting for 65.1 per cent of the total, the ministry said.

SUMMARY

S Korea imposes preliminary antidumping tariffs on Japanese industrial robots, mostly for auto assembly lines

S Korea imposes anti-dumping duties on ind. robots from Japan