1. On May 29, 2002, the Korean Government requested bilateral consultations with China on the temporary
safeguard measures imposed on Korean steel products, in accordance with the WTO Safeguard Agreement.
2. In the consultations, the Korean Government will focus on whether China followed the relevant
regulations and steps outlined in the WTO Agreement in taking these safeguard measures.
3. The Korean Government will make its best efforts to minimize the damages China's measures will have
on Korea's industries by effectively responding to the measures and the investigations in close consultations
with its industries.
Spokesperson of MOFAT
* unofficial translation