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March 04, 2011
2011.03.04
Korea-EU FTA deal heads to parliament [English, CSY]
Opposition wants to delay approval
http://joongangdaily.joins.com/article/view.asp?aid=2933021
A motion to ratify the Korea-EU free trade agreement was submitted to the National Assembly¡¯s Foreign Affairs, Trade and Unification Committee yesterday, but political differences emerged concerning the ratification schedule. The ruling Grand National Party is aiming to have the trade pact approved by March 9 after two days of subcommittee hearings. But the main opposition Democratic Party wants to take more time to examine the impact of the FTA on the local economy. The DP has already taken the government to task for submitting an earlier version of pact with translation errors.
http://english.yonhapnews.co.kr/business/2011/03/03/0501000000AEN20110303005700320.HTML
Gov't mulls capping livestock population [English, CSY]
http://english.yonhapnews.co.kr/national/2011/03/04/25/0301000000AEN20110304002500315F.HTML
http://www.hankyung.com/news/app/newsview.php?aid=2011030309131&sid=0104&nid=004<ype=1
Summary:
More Restaurants Open Their Kitchens for Safety Image [Korean, OSY]
http://www.yonhapnews.co.kr/economy/2011/03/03/0302000000AKR20110303214800003.HTML
Summary: Increased numbers of restaurants are opening their kitchens to the consumers in an effort to build a safety image. For example, Tous Les Jour, a leading bakery chain, has launched a new store layout, which has no wall that separates the kitchen (baking) area from the rest of the store area. Customers can see the whole operation of baking as they shop products. See through windows are another tool that are adopted by more restaurants.
Harmful bacteria found in local baby formula [English, CSY]
http://english.yonhapnews.co.kr/business/2011/03/04/0501000000AEN20110304001900320.HTML
Food Poisoning Bacteria Found in Premium Infant Formula [Korean, OSY]
http://www.yonhapnews.co.kr/economy/2011/03/04/0301000000AKR20110304072800003.HTML?template=2087
Summary: NVRQS reported on March 4 that its recent food safety inspection found Staphylococcus, food poisoning bacteria in premium infant formula (¡°Absolute Baby¡± brand) made by Maeil Dairy Co. Maeil dairy immediately placed a recall on the product, while releasing a statement that it could not believe the test result by NVRQS and would retest the product on its own.
The information in this report was compiled by the Agricultural Trade Office (ATO) at the U.S. Embassy in Seoul, South Korea. The press summaries contained herein do NOT reflect USDA, the U.S. Embassy, or other U.S. government agency official policy or view point. U.S. food exporters can learn more about market opportunities in South Korea by reviewing ATO Seoul¡¯s Exporter Guide and other reports available at www.fas.usda.gov by clicking on ¡°attaché reports¡±.
Agricultural Trade Office, U.S. Embassy - Seoul
Tel: 82-2-6951-6848 Fax: 82-2-720-7921
Email: atoseoul@state.gov