The Ten Major Problems with Dumping Margin Calculations in Korea

Keon Ho Lee¹

Introduction

In Korea, anti-dumping investigations are conducted by the Korea Trade Commission (KTC), which was founded in July 1987. The KTC is currently composed of one chairperson and eight commissioners, including one designated as a standing commissioner. The KTC is supported in its administrative work by the Office of Investigation, which consists of four divisions: the Operations Division, the Injury Investigation Division, the Dumping Investigation Division, and the Unfair Trade Investigation Division. While the investigation of dumping and injury is conducted by the KTC, the imposition of the anti-dumping duty is under the charge of the Ministry of Finance and Economy (MOFE). Anti-dumping investigations are governed by the Customs Act of Korea, which stipulates the anti-dumping rules and regulations in Korea. The World Trade Organization (WTO) Anti-Dumping Agreement (ADA) also provides a legal basis for the implementation of this system.