The path for exporting domestic persimmons to China has opened... along with a 70 trillion won currency swap agreement between South Korea and China.

Published 2025년 11월 1일

Tridge summary

The path for South Korean persimmons to be exported to China has been opened.

On the 1st, Minister of Agriculture, Food and Rural Affairs Song Mi-ryeong and Chinese Ambassador to South Korea Dai Bing attended the signing of the "MOU on Plant Quarantine Requirements for the Export of South Korean Persimmon Fresh Fruit" in the Gyeongju Museum in Gyeongbuk Province, in the presence of President Jae-myung and Chinese National Chairman Xi Jinping.

The Ministry of Agriculture, Food and Rural Affairs had previously collected opinions from producer groups and exporters in March, determined priority items for quarantine negotiations by country to expand exports, and had been conducting negotiations. Persimmons were the priority item for China. With the signing of this MOU, the entry of domestic persimmons into the Chinese market is expected to become a reality.

On the same day, the two countries held the first "South Korea-China Summit" after President Lee's inauguration and exchanged six MOUs and one contract.

Among the MOUs signed was the "Joint Plan for Economic Cooperation 2026-2030." In response to the recent rise in transnational crimes such as voice phishing due to the Cambodia incident, a "MOU on Cooperation to Counter Voice Phishing and Online Fraud Crimes" was also signed. Other MOUs included those on the silver industry, joint promotion of the innovation startup partnership program, and strengthening cooperation in service trade exchanges.

The central banks of the two countries signed a "KRW-CNY Currency Swap Agreement" worth 70 trillion won (400 billion yuan) for a five-year term.

National Security Office Director Wisung-rak said in a briefing, "Our government will continue to strive to ensure that the people can feel the tangible results of the development of South Korea-China relations while maintaining the momentum of the development of South Korea-China relations."

Reporter Ji Yuri yuriji@nongmin.com

Original content

The path for South Korean persimmon exports to China has been opened. On the 1st, Minister of Agriculture, Food and Rural Affairs Song Mi-ryeong and Chinese Ambassador to South Korea Dai Bing attended the signing of the Memorandum of Understanding (MOU) on "Plant Quarantine Requirements for the Export of South Korean Persimmons" at the Gyeongju Museum in Gyeongbuk, in the presence of President Jae-myung and Chinese National Chairman Xi Jinping. The Ministry of Agriculture, Food and Rural Affairs had previously collected opinions from producer groups and exporters in March to determine priority items for quarantine negotiations by country to expand exports, and had been conducting negotiations. Persimmons were the priority item for China. With the signing of this MOU, the entry of domestic persimmons into the Chinese market is expected to become a reality. On the same day, the two countries held their first "South Korea-China Summit Meeting" after the inauguration of the President, ...
Source: Nongmin

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