Duty-free import of dairy products imminent... dairy industry needs a breakthrough.

Expanding retail sales and securing stable raw milk supply measures must be made to increase transaction volume between companies Concerns are growing over the sustainability of the dairy industry as tariff-free dairy products from the United States and the European Union (EU) will enter the domestic market under the free trade agreement (FTA) starting next year. The tariff rate applied to U.S. dairy products has gradually decreased from 4.8% last year to 2.4% this year, and the EU's rate has fallen from 33.8% in 2011 to 4.5% last year and 2.3% this year. This decline in tariff rates poses a significant challenge to the domestic dairy industry and the dairy farming industry. In particular, the influx of imported dairy products is expected to increase further as low-priced dairy products such as sterilized milk, cheese, and powdered milk are imported. The domestic dairy farming industry is arguing the need to secure price competitiveness and establish a stable consumer market amid ...