Concerns over damage to Korean beef farms due to beef imports from France and Ireland

Published 2024년 6월 14일

Tridge summary

Korean beef farmers are expressing concerns over the upcoming beef imports from France and Ireland due to rising production costs and falling prices of production areas. They are urging the government to protect the industry as they fear damage from increased imports. The government is set to check the sanitary standards of beef imported by companies through border quarantine, and the European Commission welcomes the decision, anticipating it will support the European beef industry. The Korean Beef Association is planning a rally to urge measures to protect the domestic beef industry and criticizes the abolition of the 'Support Act for a Sustainable Korean Beef Industry'. The distribution industry expects that the volume of imported beef will be minimal and that it will take a significant amount of time to establish an operation plan.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(Seoul = Yonhap News) Reporter Seong Hye-mi and Shin Seon-mi = Concerns among Korean beef farmers are deepening ahead of the import of beef from France and Ireland. The position is that measures are needed to protect farmers, saying that they cannot survive if the volume of imported beef increases at a time when the production cost of Korean beef is rising and the price of the production area is falling. An official from the National Korean Beef Association told Yonhap News on the 14th, "In 2022, 100,000 tons (tons) of (imported beef) were brought in with a quota tariff, accelerating the price decline," and "It is clear that this expansion of import countries will also cause damage to the Korean beef industry." “I was concerned. This official said, “There are no protective measures that have been made so far,” and “I hope that the government will establish effective fundamental measures with a sincere attitude.” Legal procedures for importing beef from France and Ireland were ...
Source: Yna

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