City
Epaper

South Korea inks consumer safety pacts with China's AliExpress, Temu

By IANS | Updated: May 13, 2024 19:15 IST

Seoul, May 13 The South Korean antitrust regulator said on Monday it signed agreements with the Chinese retail ...

Open in App

Seoul, May 13 The South Korean antitrust regulator said on Monday it signed agreements with the Chinese retail platforms AliExpress and Temu meant to prevent them from selling harmful products and to better protect consumers.

The move came as the customs agency found that some of the products sold on AliExpress, owned by Alibaba, and Temu contained high levels of carcinogens and other harmful substances, according to the Fair Trade Commission (FTC).

Under the voluntary agreements, the two e-commerce companies will carry out safety checks of their products based on data and the results of monitoring conducted by the South Korean government and other entities, and halt the distribution and selling of hazardous items, reports Yonhap news agency.

The Chinese retailers are also supposed to inform customers of such information, and the Seoul government will check if the platforms thoroughly implement due follow-up countermeasures.

"The agreements were the first of their kind signed between the South Korean government and foreign online platform operators on product safety," the FTC said in a release.

"The government will establish a close monitoring system."

The number of complaints by South Korean users about the products and services on the Chinese platforms has soared recently.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

National"What did 39-day war achieve for the US...?": Omar Abdullah on US-Iran ceasefire

BusinessKnowledge Marine and Engineering Works Limited Commissions India's Largest and Deepest Indian-Flag Self-Propelled Backhoe Dredger "River Pearl 47" at JNPA

PoliticsYSRCP MLC Botcha Satyanarayana writes to Governor Nazeer alleging misleading debt data

Other SportsCM Patel meets Commonwealth Sport delegation during first Gujarat visit for 2030 Games

InternationalIndian embassy in Iran asks citizens to "expeditiously exit Iran"

Technology Realted Stories

TechnologyMusk seeks removal of OpenAI CEO Altman, Brockman amid legal battle

TechnologyPMMY disburses over Rs 40 lakh crore via 57.79 crore loans

TechnologyHyundai Motors announces 1 pc hike in car prices from May 1

TechnologyRBI raises India’s real GDP growth to 7.6 pc for FY26, pegs FY27 at 6.9 pc

TechnologyRBI holds repo rate at 5.25 pc, maintains neutral instance amid global uncertainty