South Korea will expand imports of animal products

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International Online News: South Korean government decided on the 18th, pork and milk and other animal products to expand the tariff quota, and 20 kinds of products as a new tariff quota object, in response to domestic factors such as foot and mouth disease caused by the wave of price increases.
It is predicted that by the outbreak of foot and mouth disease, South Korea, raw milk production this year than last year,[link widoczny dla zalogowanych], down 20 million tons. Therefore, the government will import 30,000 tons of milk powder and 200,[link widoczny dla zalogowanych],000 t tariff raw milk and other low-tariff measures to protect the supply and demand balance, to achieve price stability. In addition,[link widoczny dla zalogowanych], the Government also decided on the basis of last month, new zero-tariff import 50,000 tons of pork to ease the high price of pork, the supply situation.
addition to the above products, the South Korean government has also decided to increase the layer, cotton yarn, aluminum and other 24 products for tariff quota system to reduce the prices of imported goods, to stabilize prices.
(This article Source: International Online)
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