South Korea ends anti-dumping duties on Japanese valves

Seoul lets punitive measure expire after WTO ruled against it

20200819N WTO

The World Trade Organization headquarters in Geneva: Japan and South Korea have had a long-running dispute over trade in pneumatic valves. © Reuters

TAKAKO GAKUTO, Nikkei staff writer

TOKYO -- South Korea has discontinued anti-dumping duties on pneumatic valves made in Japan, following a World Trade Organization decision that the measure violated international rules.

Japan's Ministry of Economy, Trade and Industry announced the latest development in a trade dispute between the two Asian neighbors on Wednesday.

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