Japan Takes South Korea to WTO Over Financial Support for Shipbuilders

Japan has launched a complaint at the World Trade Organization to contest allegedly illegal financial support given by South Korea to commercial shipbuilders, according to a WTO filing published on Tuesday.

"The measures in question relate to the development, production, marketing, and/or sale or purchase of commercial vessels, including vessels designed to carry crude oil, liquefied natural gas (LNG), and shipping containers," Japan's complaint said.

(Reuters, Reporting by Tom Miles; editing by Stephanie Nebehay)