Korean diplomat appointed WTO safeguard committee chairman
Mr. Kim will be appointed as the Safeguard Committee Chairman at the WTO General Council Meeting on trade in goods on March 10 and will preside starting in April. It is the first WTO Safeguard Committee Chairman appointment for Korea.
Safeguard measures protect a specific domestic industry from an increase in imports of any product, which is threatening serious injury to an industry, by restricting imports or placing quotas on products temporarily. Safeguards measures, which can only be exercised according to strict conditions regulated by the WTO Agreement, and anti-dumping measures are the two main policies for import restriction. The WTO Safeguard Committee is an organization that inspects all member countries' safeguard measures to check whether they are legal and appropriate and whether all member countries' related laws are in compliance with the WTO Agreement.
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2008년 7월 4일 16:02
