Korea-Georgia EPA Signed… Immediate Elimination of Tariffs on K-Beef, Samgyetang, etc.

The government has signed an economic partnership agreement (EPA) with Georgia, which has emerged as a key trading hub between Asia and Europe. Georgia will immediately eliminate tariffs on our country’s beef, samgyetang, seasoned seaweed, and automobiles. Our tariffs on Georgian wine entering the country will also disappear. Rice and natural honey were excluded from the concession. On the 27th, the Ministry of Trade, Industry and Energy met with Georgia’s Deputy Minister of Economy and Sustainable Development Gennady Arbeladze in Seoul and announced the conclusion of negotiations on the Korea-Georgia EPA, which includes these contents. Through this agreement, Korea and Georgia agreed to eliminate tariffs on 93.3% of all items and 91.6% of all items within 10 years. First, tariffs on our agricultural and food products, such as beef, samgyetang, ramen, and coffee cream, will be eliminated immediately. In addition, beer, soju, dried persimmons, chestnuts, and seasoned seaweed are ...