Friday, August 10, 2012

France requests EU surveil South Korean imports

France requests EU surveil South Korean imports

One of the French government's listed initiatives for aiding its ailing automotive sector, especially Peugeot, was asking the European Commission to keep an eye on imports from South Korea. The EU signed a free-trade agreement with South Korea last year, and France is concerned that might be exaggerating the loss of market share being suffered by its domestic makers – Europe-wide sales of South Korean cars rose by more than 20 percent last year in a market that is enduring painful contraction. The EU says it has received an official request to monitor South Korean imports, according to a report in Reuters.

Autoblog , France requests EU surveil South Korean imports, France requests EU surveil South Korean imports

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