Koreans pushing small, low-cost import cars to EU consumers.
BRUSSELS – The European Union’s auto industry is happy to see its trade imbalance with South Korea decreasing two years into a controversial free-trade agreement, but EU car makers still are struggling to access the Korean market. “Because of loopholes in the automotive annex of the agreement, the Korean authorities have proven reluctant to dismantle non-tariff barriers to trade, have introduced new ones and have failed to deliver their promised regulatory ...
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