Korea Professional Forestry Association "Welcomes the results of the Korea-US tariff negotiations"

Following the recent results of the Korea-U.S. tariff negotiations, the forestry industry welcomed the decision, stating it "prevented the additional opening of agricultural, forestry, and livestock products, safeguarding the production base of our agriculture and forestry." According to the Korea-U.S. tariff negotiations concluded on October 29, the U.S. decided to maintain a mutual tariff of 15% on South Korea. Notably, in the timber tariff sector, South Korea was granted most-favored-nation (MFN) status. In response, the Korea Professional Forestry Association (President Choi Sang-tae) issued a press release on the 31st, stating, "The government's adherence to the principle of no additional opening of agricultural, forestry, and livestock products is an important measure that ensures the sustainability of the entire domestic agricultural and forestry industry." The association added, "It is a meaningful signal that forestry and forest resources are also included in the ...