South Korea: Citizens’ coalition for economic justice, concerned about damage to farmers due to indiscriminate TRQ operation

Published Oct 16, 2023

Tridge summary

Civil society and political circles in South Korea are criticizing the government's import-dependent price policy, which includes indiscriminate expansion of tariff quota (TRQ) and quota imports. The Citizens' Coalition for Economic Justice is concerned that this policy could harm the foundation of Korean agriculture and is urging the government to implement a reasonable operation plan for TRQ. The current TRQ volume is seen as a risk, as it could lead to further price decline of domestic agricultural products and benefit certain importers, rather than directly benefiting consumers.

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Original content

As the government indiscriminately expands the items subject to tariff quota (TRQ) and quota imports to include onions, dried peppers, green onions, and ginger in the name of price stability, civil society and political circles are criticizing the import-dependent price policy. It poured. Criticism is concerned that this policy stance may shake the foundation of Korean agriculture in the future, and it is pointed out that it is urgent to prepare fundamental measures to stabilize agricultural product prices. ◆The Coalition for Economic Justice “Operation of TRQ for government agricultural products… Farmers are forced to make sacrifices” = The Citizens’ Coalition for Economic Justice recently issued a statement saying, “We are concerned about damage to farmers due to the government’s reckless operation of the TRQ for agricultural products,” urging the government to implement a reasonable operation plan. The Citizens' Coalition for Economic Justice said, "Last August, when the ...

Source: Nongmin