Press Release: US-STEEL: The inconsistency of the US steel safeguards with WTO rules is confirmed in appeal Joint Press statement by the EC, Japan, Korea, China, Switzerland, Norway, New Zealand and Brazil 10 November 2003

The European Commission, Japan, Korea, China, Switzerland, Norway, New-Zealand and Brazil welcomed the confirmation on 10 November 2003 by the Appellate Body of the World Trade Organisation (WTO) that each of the US safeguard measures imposed on 10 steel product groupings was in violation of WTO rules. The Appellate Body Report released on 10 November 2003 upheld the Panel's findings and leaves the United States with no other choice but to terminate its WTO-incompatible safeguard measures without delay. It should be noted that Members affected by the US measures will be entitled to apply re-balancing measures and take any other appropriate action in accordance with WTO rules, following the adoption of the Appellate Body report by the WTO Dispute Settlement Body, unless the safeguard measures are withdrawn.

http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/03/225&format=HTML&rapid=0&language=EN&guiLanguage=en&display= http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/03/225&format=HTML&rapid=0&language=EN&guiLanguage=en&display=

http://ec.europa.eu/comm/trade/issues/sectoral/industry/steel/index_en.htm http://ec.europa.eu/comm/trade/issues/sectoral/industry/steel/index_en.htm

http://ec.europa.eu/comm/trade/issues/bilateral/countries/usa/index_en.htm http://ec.europa.eu/comm/trade/issues/bilateral/countries/usa/index_en.htm

http://www.wto.org/english/tratop_e/dispu_e/248_259_abr_e.pdf http://www.wto.org/english/tratop_e/dispu_e/248_259_abr_e.pdf

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