Seoul Weighing Options of WTO Action against Beijing

Write : 2017-09-12 15:32:23 Update : 2017-09-12 15:51:29

Seoul Weighing Options of WTO Action against Beijing

As China's economic retaliatory measures on South Korean businesses continue, Seoul says it will "cautiously approach" whether to sue Beijing at the World Trade Organization. 
 
Minister of Trade, Industry and Energy Paik Un-gyu said Monday that the government will consider various factors including likelihood of winning the case, the length of time the trial would take as well as the possible spillover effects and bilateral ties between the two countries.
 
Paik added that while Seoul must consider the possibility of losing the lawsuit, he has no intention of avoiding a court case if it comes to protecting national interests and South Korean businesses.

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