South Korea: Export by exploitation of duty-free use such as mung beans from Peru

Published 2022년 10월 24일

Tridge summary

During the 2022 Comprehensive National Inspection, Democratic Party of Korea's Seo Sam-seok criticized the Ministry of Agriculture, Food and Rural Affairs for not implementing measures to prevent circumvented exports, taking advantage of duty-free tariffs under Free Trade Agreements (FTAs), as proven with the surge in mung bean imports from Peru. These imports increased dramatically after tariffs were removed in 2020, with a significant rise in 2021 and 2022, raising suspicions of illegal exports due to the unrealistic production increases in Peru. Seo highlighted the lack of action by the Ministry to protect local farmers and criticized the lack of countermeasures and support for agricultural damage caused by FTAs.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Main contents of the 2022 Comprehensive National Inspection] Seo Sam-seok, a member of the Agricultural and Maritime Affairs Commission Measures required for tariff abolition items As allegations of violation of the origin of mung bean from Peru, which have soared in imports, were confirmed to be true, it was pointed out that it is urgent to come up with a plan to prevent circumvented exports that have taken advantage of the duty-free tariffs under the Free Trade Agreement (FTA). Seo Sam-seok, a member of the Democratic Party of Korea (Jeonnam Yeongam, Muan, and Shinan, photo), criticized the Ministry of Agriculture, Food and Rural Affairs for the lack of measures to prevent the abolition of tariffs under the FTA during a comprehensive national audit of the National Assembly's Agriculture, Forestry, Livestock, Food, Marine and Fisheries Committee on the 20th. As tariffs on mung beans from Peru were abolished in 2020 through the Korea-Peru FTA, imports surged from 134 tons ...
Source: Nongmin

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