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Attaché Report (GAIN)

South Korea: Korea Seafood Market Brief Update 2019

Korean imports of seafood in 2018 totaled $5.79 billion, up 16.2 percent from 2017 due to rising prices and increased imports of shrimp and squid.
The Consumer Affairs Agency (CAA) held the second and the third review committee meetings for the labeling of food additives on May 30 and June 27, 2019, respectively.
The Government of Japan has revised the calculation method for two reference prices used to determine support payments under its Deficiency Payment Scheme for Feeder Calves.
Attaché Report (GAIN)

South Korea: Organic Foods Market Report

Elevated food safety concerns coupled with evolved taste of the South Korean consumers generate increased demand for imported organic foods.
Japan’s Forestry Agency is targeting a domestic wood supply increase from 30 million cubic meters in 2017 to 40 million cubic meters by 2025.
On June 28, 2019, the Ministry of Agriculture, Forestry and Fishery (MAFF) published a draft guideline on the Specific Information Disclosure Procedures of Living Organisms Obtained....
Attaché Report (GAIN)

South Korea: Retail Foods

Strong consumer demand for value, quality, convenience, and diversity generates increased demand for imported agricultural products in the Korean retail industry.
n June 17, 2019, Japan notified the World Trade Organization of draft amendments to the maximum residue levels (MRL) for the agricultural chemical, Tetraniliprole, via G/SPS/N/JPN/655.
On June 17, 2019, Japan notified the World Trade Organization of draft amendments to the maximum residue levels (MRL) for the veterinary drug, Neomycin, via G/SPS/N/JPN/657.
On June 17, 2019, Japan notified the World Trade Organization of draft amendments to the maximum residue levels (MRL) for the veterinary drug, Fluralaner, via G/SPS/N/JPN/656.
On June 27, 2019, the Ministry of Health, Labour and Welfare (MHLW) published a draft of the Handling Procedure of Foods and Food Additives Derived from Genome Editing Technology....
On April 30, 2019, U.S. Embassy Seoul’s Office of Agricultural Affairs, the U.S. Grains Council (USGC) Korea office, and the Korea Biofuels Forum (KBF) jointly hosted the 2019 Seoul Fuel Ethanol....