European Parliament Delays Vote on Korea FTA Safeguard Measures
European Parliament's amendments to safeguard measures in the EU's new free trade agreement (FTA) with South Korea were informally approved on September 7, 2010, but the final vote has been postponed until October. By applying the safeguard measures, the EU…
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could suspend further reductions in customs duties or increase them to previous levels, if lower rates were to lead to an excessive increase in imports from South Korea, causing or threatening to cause "serious injury" to EU producers.