Call for EU action on subsidised Asian shipbuilding
SEA Europe has urged the EU to act against alleged protectionism in Asian shipbuilding centres, after blaming South Korea for the recent suspension of the Organisation for Economic Co-operation and Development’s exploratory talks on new global shipbuilding subsidy rules
‘For EU shipbuilding, there are no effective tools at all, neither to deter unfair practices nor to respond to unfair foreign competition,’ says shipyard trade association