Search Results for: Korean

BY JONATHAN THOMSON
The European Parliament has accepted last year’s voluntary agreement between the European Commission and the European Automobile Manufacturers Association on pedestrian safety, so long as Brussels proposes a Framework Directive underpinning the deal with legal commitments.

The move is seen as a compromise between MEP’s opposing a detailed Directive laying down specific rules on car design and those in the European Parliament that do not trust carmakers to introduce measures to protecting pedestrians.…

BY MARK ROWE
DAEWOO Shipbuilding Marine Engineering Co, the world’s second largest shipbuilder, has won a US$426 million order so supply an oil and gas rig to Angola. The South Korean firm said it would build the rig in the west African state for US oil giant ChevronTexaco Corp by the end of 2003.…

Keith Nuthall
THE VOLUNTARY strategy on pedestrian safety design standards for motor vehicles adopted by the European Commission with the European, Japanese and South Korean auto manufacturers has been undermined by a key European Parliament committee, which has called for EU legislation on the subject.…

BY MARK ROWE
THE THAI government has imposed provisional anti-dumping duties between five and 25 per cent on hot and cold rolled steel products from Japan, Korea, Taiwan, Spain and Germany, launching a definitive duty inquiry. Preliminary investigations by a government committee concluded that hot-rolled steel in sheets and coils, cold-rolled steel in coils, coated steel and stainless steel from these countries were being dumped in Thailand.…

BY MARK ROWE
THE THAI government has imposed provisional anti-dumping duties between five and 25 per cent on hot and cold rolled steel products from Japan, Korea, Taiwan, Spain and Germany, launching a definitive duty inquiry. Preliminary investigations by a government committee concluded that hot-rolled steel in sheets and coils, cold-rolled steel in coils, coated steel and stainless steel from these countries were being dumped in Thailand.…

BY MARK ROWE
THE INTERNATIONAL Atomic Energy Agency has made its first visit to a nuclear establishment in North Korea since 1994, when the isolationist Asian state withdrew its membership of the agency.

The visit is understood to have been facilitated by the North Koreans’ desire to move ahead with their stalled plans for the development of two light water nuclear reactors.…

BY KEITH NUTHALL
THE UNITED States has lost a disputes panel case at the World Trade Organisation over definitive safeguard duties that it had imposed on imports of circular welded carbon quality line pipe from South Korea.

Although the panel rejected a number of South Korean complaints, it upheld enough of them to conclude that the US should “bring its safeguard measure into conformity with its WTO obligations.”…

BY KEITH NUTHALL
THE EUROPEAN Bank for Reconstruction and Development has developed what appears to be the rather unlikely plan to lend US$25 million to a South Korean-owned shipbuilding firm, in a bid to increase its industrial capacity. Although the proposed loan would actually be spent on boosting Daewoo Shipbuilding and Marine Engineering’s operations in Mangalia, a Black Sea coast town in Romania, near the Bulgarian border, the bank is said to be aware of the political sensitivities.…

BY KEITH NUTHALL
THE EUROPEAN Union Council of Ministers has imposed definitive anti-dumping duties on imports into the EU of certain steel and iron cables from the Czech Republic, Russia, Turkey and Thailand.

Its decision – by the written procedure used during Brussels’ summer break – follows an inquiry, which “confirmed” concerns that the sale of cut-priced cables from these countries was harming EU producers.…

Keith Nuthall
BY start of the next decade, all petrol engine automobiles driving in the European Union will have to run on sulphur-free fuel, if EU ministers back fresh proposals from the European Commission.

It wants sulphur to be banned from petrol in the EU by 2011, and has proposed that sulphur-free petrol and diesel should be made available in every Member States from January 1, 2005.…