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KOR

Press Releases

EU Commission Ends Anti-dumping Duties on Korean Microwave Ovens

Date
2001-01-16
hit
4903

1. The EU Commission decided to terminate anti-dumping procedures on Korean microwave ovens as of 
January 5, 2000. The decision was made based on the anti-dumping expiry review on microwave ovens that 
were imported from 4 countries, including Korea. 

2. Anti-dumping duties were imposed on Korean microwave ovens since January 4, 1996. However, the 
interim review results in September 2000, led to a withdrawal of anti-dumping duties on products made by 
LG Electronics and Daewoo Eletronics. Thus, two other companies, Samsung Eletronics and Ilshin, have 
been paying anti-dumping duties until now. 

3. Regarding this recent decision by the EU, all Korean microwave ovens will not be subject to anti-dumping 
duties. A further increase is expected in Korean microwave oven exports to the EU, worth about $56 million 
per year.


                                                           Spokesperson of MOFAT

* unofficial translation