Imported pork quota policy should be withdrawn, says South Korean Pork Association

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South Korea

Published May 27, 2023

Tridge summary

The Korean Pork Association protested against the government's announcement on the 26th that it would apply quota tariffs to 45,000 tons of imported pork in the second half of the year to stabilize prices, and urged the plan to be withdrawn.

The Korea Poultry Association issued a statement on the same day, criticizing that “the overuse of quota tariffs cannot be a true measure for stabilizing prices, and is an act that destroys the foundation of the domestic livestock and livestock industry.” Please put your strength into it," he demanded.

They argued, "It is self-contradictory that the government has pushed ahead with quota tariffs on imported pork, even though it explained that the recent price increase was just an optical illusion caused by the foot-and-mouth disease movement restrictions along with seasonal factors."

In addition, "The government says that it is pushing for quota tariffs for the reason of price increase due to insufficient supply, but the current pork inventory is at the highest level of the year." It is a situation where the excessive tariff policy is only causing damage to poor livestock farmers.”

The Handon Pork Association continued, "It is questionable whether the government's tariff-free import policy for livestock products actually goes to consumers." "Last year, the government's quota tariffs only increased the market share for imported meat rather than the price discount effect, and it became a means to increase the importer's stomach. We can check," he added.

Original content

(Seoul = Yonhap News) Correspondent Shin Seon-mi = The Korean Pork Association protested against the government's announcement on the 26th that it would apply quota tariffs to 45,000 tons of imported pork in the second half of the year to stabilize prices, and urged the plan to be withdrawn. . The Korea Poultry Association issued a statement on the same day, criticizing that “the overuse of quota tariffs cannot be a true measure for stabilizing prices, and is an act that destroys the foundation of the domestic livestock and livestock industry.” Please put your strength into it," he demanded. They argued, "It is self-contradictory that the government has pushed ahead with quota tariffs on imported pork, even though it explained that the recent price increase was just an optical illusion caused by the foot-and-mouth disease movement restrictions along with seasonal factors." In addition, "The government says that it is pushing for quota tariffs for the reason of price increase due ...

Source: Yna