Press Releases
Issuance of Panel Report on “Korea – Sunset Review of Anti-Dumping Duties on Stainless Steel Bars” in the WTO Dispute Settlement Proceedings
December 1, 2020
- On November 30 (same day local time), the World Trade Organization (WTO) issued its panel report on “Korea – Sunset Review of Anti-Dumping Duties on Stainless Steel Bars” in which Japan had filed its complaints against the Republic of Korea. The panel report finds that the Republic of Korea’s measures are inconsistent with the WTO Agreement and recommends the Republic of Korea to bring its measures into conformity with its obligations under the WTO Agreement.
- Japan welcomes the panel’s findings and calls for the Republic of Korea to faithfully and promptly bring its WTO inconsistent measures into conformity with its obligations under the WTO Agreement.
- [Background Information]
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- (1) In July 2004, the Republic of Korea began to impose anti-dumping duties on stainless steel bars from Japan, and following the first and the second sunset reviews, the Republic of Korea again decided to extend the imposition of duties following the third sunset review in July 2017 on the basis of its determination that the expiry of the duties would be likely to lead to recurrence of injury to the Republic of Korea’s domestic industry.
- (2) Japan requested consultations with the Republic of Korea pursuant to the WTO Dispute Settlement Understanding (DSU) in June 2018. Following the consultations in August, Japan requested the establishment of a panel in September 2018. The Panel was established in October 2018.
- (3) Pursuant to the relevant provisions of the DSU, a panel report shall be adopted at a Dispute Settlement Body meeting within 60 days after the date of circulation of the report to the Members (the same date as the public issuance of the report) and its findings become fixed, unless a party to the dispute appeals to the Appellate Body.