US-Korea FTA Archives | Be Korea-savvy
Carrot, Grape and Blueberry Farmers Eligible for Subsidies after FTA Losses

Carrot, Grape and Blueberry Farmers Eligible for Subsidies after FTA Losses

SEOUL, April 18 (Korea Bizwire) – The economic impact on certain farmers of locally raised fresh fruits has proven to be relatively high compared to others, based on price declines following the South Korea-U.S. Free Trade Agreement. Carrots, grapes and blueberries have been designated for support from government subsidies, according to the Ministry of Agriculture, [...]

Imported U.S Beef Closing in on Australian Beef, Re-building Image as Safe Meat in Korea

Imported U.S Beef Closing in on Australian Beef, Re-building Image as Safe Meat in Korea

SEOUL, Jun. 12 (Korea Bizwire) — American beef is meeting increasing demand in Korea, with its import volume of 2,527 tons surpassing that of Australian beef between May 1 and 10, according to an announcement from the Ministry of Food and Drug Safety on June 11. American beef once faced an import ban in 2003 [...]