Markets and Trade
AreaRepublic of Korea
Commodity GroupMeat
CommodityAll
Date01/09/2018
Policy CategoryTrade
Policy InstrumentTrade agreement
DescriptionSigned the revised Korea-US Free Trade Agreement, allowing duty free access for pig meat products and reduced tariff for bovine meat from the United States. The agreement stipulates that tariff rates on bovine meat must decline each year, and be completely removed by 2026.