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South Korea Refuses to Open Its Rice Market

From Reuters

South Korea will not budge from its refusal to open its market to foreign rice and will keep price controls on rice to protect its farmers, an agriculture ministry official said Wednesday.

Kim Jong-yong, the ministry’s director general for international cooperation, told reporters that Seoul was forced to ask for special concessions to keep its rice market closed.

The current round of negotiations under the General Agreement on Tariffs and Trade aims to liberalize global trade.


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