South Korea: Fake Peruvian mung beans without duty for 1 year and 8 months

Published 2022년 10월 20일

Tridge summary

A South Korean lawmaker has criticized the Ministry of Agriculture, Food and Rural Affairs for its inaction in response to a surge in imports of Peruvian mung beans, which have replaced domestic production following the Korea-Peru Free Trade Agreement. The lawmaker, Seo Sam-seok, argues that the ministry's failure to regulate the influx of Peruvian beans has led to significant damage to local farmers. The Ministry's response has been to reduce the quota for tariff-free imports. The concern extends beyond mung beans, as tariffs on various condiments and seeds are set to be liberalized, raising fears of further harm to domestic farmers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pointed out in a press release from the National Guard... “Imports increased significantly after the FTA duty-free, but welfare was immobile” Onion, garlic, pepper, sesame, and other items with additional tariff abolition... “Make a response plan” Although mung bean exports from Peru, where the production of mung bean production is insignificant, surged to Korea, it was pointed out that the authorities responded complacely and caused damage to farms. The import of mung beans, which are from Peru with only a pattern, increased significantly, aiming at the fact that Peruvian mung beans can be imported duty-free through the free trade agreement (FTA), but the authorities were not letting go. On the 20th, Assemblyman Seo Sam-seok of the Democratic Party of Korea (Yeongam, Muan, and Sinan, Jeollanam-do), a member of the National Assembly’s Agriculture, Food and Rural Affairs Committee, said on the 20th, “From Peru, where mung bean production is only 300 tons, 8561 tons in 2021 ...
Source: Nongmin

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