"Review of CPTPP membership, resolving agricultural sector concerns is a priority"

As the government considers joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in response to the U.S.-Korea trade tariff negotiations, voices have emerged from the Planning and Finance Committee's National Policy Inspection calling for the resolution of concerns from the agricultural sector as a priority. The need for extending non-taxation and low-rate taxation in the agricultural sector was also raised during the inspection. Im, the chairman of the Planning and Finance Committee (People Power Party), pointed out during the inspection of the Ministry of Economy and Finance's economic and financial sectors that "when the Moon Jae-in government pushed for CPTPP membership in 2022, there was strong opposition from the agricultural sector" and "without a comprehensive plan, if the statement about considering membership comes first, the anxiety of fruit farmers and others on the ground will inevitably increase." He requested that measures be ...