Japan and South Korea Advocate for Easing India's Steel Import Rules
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Japan, South Korea Urge India to Ease Steel Import Regulations
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CNBC TV18•02-03-2026, 23:13
Japan, South Korea Urge India to Ease Steel Import Regulations
•Japan and South Korea expressed concerns over Indian steel import regulations, citing hurdles in shipping products.
•Officials sought Indian government intervention on quality control orders (QCOs), safeguard duties, and other import restrictions.
•South Korea's Ambassador Lee Seong-ho highlighted regulatory hurdles faced by Korean companies despite strong activities.
•Japan's Deputy Chief of Mission Takashi ARIYOSHI noted that Japanese companies, active in India, also face problems like additional certification for intermediate steel products.
•The dialogue was held ahead of Bharat Steel event, aiming to attract investments and foster collaborations in the steel sector.