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        News and Press Release

        Cabinet approves MoU between India and Korea on Trade Remedy Cooperation

        August 9, 2018

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        The Union Cabinet chaired by Prime Minister Shri Narendra Modi gave its ex-post facto approval to the Memorandum of Understanding (MoU) between India and Korea on Trade Remedy Cooperation.

        The MoU was signed in July 2018 during the State visit of President of Korea to India.

        The MoU will promote cooperation between the two countries in the area of trade remedies viz. anti-dumping, subsidy and countervailing and safeguard measures, which will enhance the bilateral trade relations.

        Trade remedy cooperation establishes joint anti-dumping, countervailing and safeguard collaboration to enhance bilateral trade enforcement. Approval is recorded for a bilateral Memorandum of Understanding establishing cooperation on trade remedies, focusing on anti-dumping, subsidy and countervailing, and safeguard measures, creating a framework for information exchange, consultation and technical collaboration to coordinate investigative and remedial approaches and strengthen bilateral trade relations.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Trade remedy cooperation establishes joint anti-dumping, countervailing and safeguard collaboration to enhance bilateral trade enforcement.

                                Approval is recorded for a bilateral Memorandum of Understanding establishing cooperation on trade remedies, focusing on anti-dumping, subsidy and countervailing, and safeguard measures, creating a framework for information exchange, consultation and technical collaboration to coordinate investigative and remedial approaches and strengthen bilateral trade relations.


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