News on import tariff that hit ginger farmers in South Korea

[Reporter Go Seong-jin, Korea Rural Newspaper] Exceptional TRQ promotion ahead of harvest season Plans to increase food consumption by 1,500 tons by September In the first half of the year, for seeds, followed by imports Concerns are emerging at the production site as the unusual tariff rate quota (TRQ) import of edible ginger is promoted ahead of the harvest season. The government held a cabinet meeting on May 30 and announced plans to drastically reduce tariff rates on eight agricultural and marine products, including ginger, from this month. As a result, ginger plans to come in by September, before the harvest season, by increasing the amount of TRQ (1,500 tons). Regarding this measure, the government said, “Due to last year’s sluggish harvest, ginger consumer prices have already risen significantly, and high prices are expected to continue during the summer season.” During the summer of the ginger) year, we plan to resolve supply and demand instability and induce ...