AreaBilateral/Multilateral

Commodity GroupMeat

CommodityPig meat

Date01/10/2011

Policy CategoryTrade

Policy InstrumentFree Trade Agreement

DescriptionThree Free Trade Agreements (South Korea, Colombia and Panama) approved by US Congress. The greatest potential for the US livestock industry comes from the South Korean trade pact as one of the major buyers of US pork and beef. The agreement calls for a 10 year phase out of South Korea\'s pork tariffs and a 15 year phase out of their beef tariffs.