The Ministry of Commerce has decided to initiate a countervailing investigation on imported dairy products originating from the European Union starting from August 21st. Starting from the date of this announcement, the Ministry of Commerce will initiate a countervailing investigation on imported dairy products originating from the European Union. The subsidy investigation period determined in this investigation is from April 1st, 2023 to March 31st, 2024, and the industry damage investigation period is from January 1st, 2020 to March 31st, 2024.