European cars to make inroads into South Korean market
European cars
seoul - Yonhap
European carmakers are expected to expand their market presence in South Korea after all import duties levied on midsized and large sedans come down this week, local industry sources said Monday.
Under the free trade agreement (FTA) with the European Union (EU) that went into effect three years ago, Seoul is obligated to remove the 1.6 percent tariffs that have been levied on cars with engine displacements exceeding 1.5 liters starting in July. It must also lower the 4 percent import duties slapped on cars with smaller-sized engines under 1.5 liters to 2.6 percent.
- Sunday ,02 December GMT 14:02 2018 RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fund
- Wednesday ,21 November GMT 07:56 2018 Merkel policies in focus in final debate on draft German budget
- Thursday ,08 November GMT 14:11 2018 Greek minister, Russian ambassador discuss possible investment projects
- Wednesday ,07 November GMT 11:15 2018 Top U.S. diplomat visits Pakistan to discuss economic cooperation
- Thursday ,01 November GMT 13:53 2018 Alrosa to sell 127 large gem-quality rough diamonds at an auction in Israel
- Tuesday ,30 October GMT 10:59 2018 Trade turnover between Russia and Japan grows by over 17% in 2018
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Russia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 19:31 2017 Saturday ,11 February
Earthquake Hits Taiwan
GMT 18:20 2017 Monday ,18 December
Once taboo, China listens to US contingencies on N.Korea
GMT 20:13 2017 Wednesday ,22 February
UN does not expect breakthrough at Syria talks
GMT 13:14 2017 Sunday ,24 September
Arab catwalk influence grows despite
GMT 10:41 2017 Tuesday ,11 April
Age no object as Haas downs Opelka at Houston ATP tournament
GMT 07:00 2017 Monday ,18 September
Qatari sheikh urges ruling family meeting
GMT 08:37 2017 Monday ,23 October
Sabrine happy for participating in documentary
GMT 10:22 2016 Wednesday ,23 March
cartoon thirteen
GMT 18:00 2016 Monday ,22 February
European Department for Security and Information wrote Syrian Minister of Justice
GMT 14:48 2018 Tuesday ,02 October
Qureshi stresses rebuilding Pak-US ties
GMT 13:27 2018 Tuesday ,18 September
The Beauty Beat: 4 hair care products on our wishlist
GMT 05:18 2016 Wednesday ,09 November
Azhar Imam receives French Senate president
GMT 16:57 2018 Wednesday ,03 January
Cabinet briefed on global condemnation of Houthi attempts to target Riyadh
GMT 16:12 2017 Wednesday ,01 March
Germans Top Foreign Tourists Who Visited Agadir in 2016
GMT 10:34 2017 Saturday ,08 April
Harry Styles channels glam rock in post-1D debut
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor