KOREA'S COMMENTS ON THE SUBMISSION FROM THE UNITED STATES (TN/RL/W/77)

World Trade Organization TN/RL/W/97 5 May 2003 (03-2399) Negotiating Group on Rules Original: English KOREA'S COMMENTS ON THE SUBMISSION FROM THE UNITED STATES (TN/RL/W/77) Submission from Korea The following communication, dated 4 May 2003, has been received from the Permanent Mission of Korea. _______________ 1. At the last session (March 2003) of the Negotiating Group on Rules, the United States made a submission on the possible categorization and strengthened disciplines on fisheries subsidies. Korea wishes to make some comments in relation to this from the reflection on the status of the negotiation on fisheries subsidies. 2. With regard to the objective of the negotiation, the United States emphasized that it should be “to provide better disciplines on government programmes that promote overcapacity and overfishing, or have other trade-distorting effects.”[emphasis added] As a caveat, Korea is not convinced that the mandate from the