WTO rules against S. Korea antidumping duties on Japan valves
Kyodo -- Sep 11
The World Trade Organization upheld on Tuesday an earlier decision urging South Korea to take corrective action over its antidumping duties on pneumatic valves imported from Japan.

The Geneva-based organization's appellate body, the top entity in its dispute settlement process, said South Korea is in violation of its rules after imposing duties of 11.66 to 22.77 percent on Japan-made pneumatic valves from August 2015.

In April last year, a lower panel ruled against South Korea's levying of such duties on the valves used to control the flow of compressed air.

The panel deferred a decision on Japan's claim that South Korea had flaws in its analysis on Japanese valves excessively pushing down market prices. But the appellate body concluded the panel's inaction on the claim was inappropriate, a source close to the matter said.

Japan asked the WTO to settle the issue in March 2016 after failing to resolve it in consultations with South Korea.

News source: Kyodo
Jan 18
Japan kept unchanged its timing for balancing the primary budget on Friday, but expects to see a much smaller excess than previously thought when it hits a budget surplus, underlining the government’s struggle to rein in massive public debt. (Japan Times)
Jan 18
Japanese Environment Minister Shinjiro Koizumi, a potential future prime minister according to some opinion polls, said he became the father of a baby boy on Friday. (Kyodo)
Jan 16
Japan's Environment Minister Shinjiro Koizumi will take childcare leave after the upcoming birth of his first baby. (NHK)
Jan 13
Japanese Prime Minister Shinzo Abe has told Saudi King Salman bin Abdulaziz that Japan will make every diplomatic effort it can to stabilize the situation in the Middle East. (NHK)
Jan 10
Japan's Defense Minister Taro Kono will order the dispatch of a Self-Defense Force mission to the Middle East on Friday amid heightened tensions in the region. (NHK)
Jan 08
The government will develop a smartphone app to easily identify if residence cards, which are issued to foreign nationals, have been forged in an attempt to crack down on visa law violations, government officials have said. (Japan Times)
Jan 07
Former lower house lawmaker Yukiko Miyake was found dead at a waterfront in Tokyo several days ago, with police suspecting she might have committed suicide, investigative sources said Monday. (Japan Today)
Jan 02
Prime Minister Shinzo Abe on Wednesday pledged to promote reforms in Japan, ranging from social security to the Constitution, while expressing his hope the country will successfully host the Tokyo Olympics and Paralympics later this summer. (Japan Times)
Dec 28
Japan's Cabinet approved on Friday the dispatch of Maritime Self-Defense Force units to the Middle East, for the first time since the country enacted security-related bills in 2015, which were aimed at easing requirements for dispatching the MSDF. (Nikkei)
Dec 27
Japan hanged a Chinese death-row inmate on Thursday convicted of killing four people in 2003, the Justice Ministry said, in the country's first execution since August. (Japan Today)