Press Release: Korea rejects EU call to put an end to unfair shipbuilding practices

Between 24 and 27 September the EU and Korea held intensive high level negotiations to find a mutually agreed solution to the long-standing Korean unfair shipbuilding practices. Despite the numerous effort made by the EU delegation to reach a mutually acceptable compromise solution, the Korean delegation rejected all the proposals put forward by the EU on 27 September 2002, insisting on the lack of support of the Korean industry for such an agreement.