South Korea reopens its market to European Union pork and chicken

Published Sep 6, 2022

Tridge summary

The European Union (EU) can now more easily export pork and poultry meat to the Republic of Korea, following high-level engagement between the European Commission and the Korean Ministry of Agriculture, Food and Rural Affairs (MAFRA). The Republic of Korea has removed a trade barrier, recognizing the EU's strict regionalization measures to control African swine fever and avian influenza. This could potentially generate over a billion euros in trade. The decision benefits 11 EU countries authorized to export chicken and 14 authorized to export pork.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As a result of the intense high-level engagement between the European Commission and the Republic of Korea, European Union countries can, as of today (5 September), export pork and poultry meat to the Republic of Korea more easily. The Republic of Korea Ministry of Agriculture, Food and Rural Affairs (MAFRA) has decided to remove a long-standing trade barrier affecting EU pork and poultry exports as the Republic of Korea now recognizes the strict EU regionalization to control outbreaks of African swine fever and highly pathogenic avian influenza. This decision could unlock more than a billion euros of trade in the coming years. Executive Vice President and Trade Commissioner Valdis Dombrovskis said: “Today’s decision by the Republic of Korea to lift restrictions on European exports of pork and poultry should increase export opportunities for a sector facing serious challenges. restrictions. commitment to support the EU agricultural sector while ensuring that Korean consumers can ...
Source: Avistie

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