commiss decis octob provis council regul ec trade practic maintain korea affect trade commerci vessel notifi document number ec commiss european commun regard treati establish european commun regard council regul ec decemb lai commun procedur field common commerci polici order ensur exercis commun right intern trade rule establish auspic world trade organis amend regul ec articl thereof consult advisori committe procedur octob commiss receiv complaint pursuant articl articl council regul ec quot regul quot complaint lodg committe european union shipbuild associ cesa complaint concern alleg korean trade practic advers affect commun sale commerci vessel complaint contain inform advers trade effect injuri suffer commun shipbuild result subsidi grant benefit korean shipbuild compani republ korea violat articl wto agreement subsidi countervail measur scm agreement basi complain ask commiss action complaint contain suffici evid justifi initi commun examin procedur pursuant articl regul commiss initi procedur consult member state framework advisori committe decemb initi examin procedur commiss carri investig led conclus find exist obstacl trade investig direct subsidi allegedli grant govern republ korea shipbuild industri benefit product benefit futur product alleg korean subsidi includ export conting financ debt forgiv debt equiti swap interest relief special tax concess context preferenti restructur packag provid order save shipbuild enterpris immin financi collaps korean shipbuild enterpris claim benefit korean govern subsidi includ samho heavi industri daedong shipbuild daewoo shipbuild marin engin hyundai heavi industri hyundai mipo samsung heavi industri hanjin heavi industri amp construct regard alleg korean subsidi expressli subject complaint commiss establish advanc payment refund guarante pre shipment loan provid state own export import bank korea kexim establish kexim guarante foreign buyer refund advanc payment korean shipyard case korean shipyard fail perform oblig relev contract establish kexim pre deliveri loan shipyard financ shipbuild product cost raw materi cost labour overhead deliveri ship aprg programm pre shipment loan found constitut prohibit subsidi articl scm agreement debt forgiv debt equiti swap interest relief govern own govern control bank establish korea grant debt forgiv debt equiti swap interest relief govern own govern control bank subsidi mean articl scm agreement shipyard samho heavi industri daedong shipbuild daewoo shipbuild marin engin prima faci evid corpor restructur subsidi specif mean articl scm agreement special tax concess establish daewoo shipbuild marin engin benefit tax programm special tax treatment control law special taxat kind contribut special taxat spin limit compani corpor restructur specif conclus commiss consid complain alleg grant subsidi found korean practic constitut obstacl trade mean articl regul contrari articl scm agreement find advers trade effect establish investig period commun industri suffer advers effect mean articl scm agreement articl articl regul form injuri mean articl scm agreement neg effect market share capac utilis profit sale price employ invest prejudic mean articl scm agreement signific price undercut price depress lost sale sector advers effect suffer contain ship product chemic tanker novemb cesa request commiss examin advers effect suffer commun industri period cover month end origin investig period decemb decemb updat investig confirm find investig liquifi natur ga carrier lng sector establish examin determin develop observ result consist trend longer term commiss continu monitor market sector contain ship product chemic tanker lng carrier causal link establish subsidi render increas sale volum market share korean shipyard consider decreas sale price price undercut found investig period caus advers effect commun industri conclus confirm updat investig commun interest shipbuild industri commun repres import sector econom activ term employ direct shipyard indirect subcontract suppli compani basi inform reason forecast korean subsidi practic halt commun industri regain part lost market share improv profit conclus analysi commiss conclud korea grant export action subsidi mean scm agreement shipbuild industri caus advers effect commun industri ensur wto partner fulli compli oblig utmost import commun commit oblig fundament good function multilater trade system consist tackl allegedli wto incompat practic commiss discuss matter korean author view find mutual agre solut mutual agre solut found initi procedur framework wto disput settlement understand pursuant relev provis scm agreement requir decid sole articl grant subsidi korean produc commerci vessel appear inconsist oblig countri world trade organis agreement scm agreement constitut quot obstacl trade quot mean articl regul ec commun initi disput settlement proceed korea understand rule procedur settlement disput relev wto provis view secur remov obstacl trade brussel octob commiss pascal lami member commiss oj oj affect product commerci vessel intern commerc includ specif bulk carrier contain ship oil tanker product chemic tanker liquifi natur ga carrier passeng ro ro ferri cargo vessel includ offshor unit cruis ship oj daedong cooper procedur evid obtain benefit restructur process