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April 01, 2011
2011.04.01
Obama soon to submit
http://english.yonhapnews.co.kr/news/2011/04/01/0200000000AEN20110401000200315.HTML
Summary:
"The administration will submit the agreement to Congress soon," Kurt Campbell, assistant secretary of state for East Asian and Pacific affairs, told the House Foreign Affairs Committee. "This trade agreement will deliver immediate, significant economic benefits, but will also deepen our engagement and strengthen our partnership with a central ally in a volatile and rapidly growing region. In strategic terms, it will underscore our commitment to prosperity and security in the Asia Pacific and fortify our leadership role and influence in the region."
Congress urged to begin process to deliberate
http://english.yonhapnews.co.kr/news/2011/04/01/0200000000AEN20110401000100315.HTML
Summary:
Miriam Sapiro, deputy
"Earlier this month, we notified the full committee that we are ready to begin work on the text of the implementing bill for the Korea FTA as soon as you are able to schedule those sessions," Sapiro said.
Korean friendship a boon for QLD producers [English, CSY, OYS]
http://www.ausfoodnews.com.au/2011/03/29/korean-friendship-a-boon-for-qld-producers.html
Summary: Minister for Agriculture, Food and Regional Economies Tim Mulherin said today the longstanding and valuable relationship between
[A Photo] Great green globes of flavor
http://joongangdaily.joins.com/article/view.asp?aid=2934237
Chilean Ambassador to Korea Hernan Brantes, center, and Chilean commercial attache Hernan Gutierrez, to his left, show seedless green grapes from Chile with Woo Joo-hee, right, chief of Lotte¡¯s fresh produce department, at Lotte Mart yesterday. Chilean seedless green grapes are high in sugar since they are grown under the hot South American sun and nurtured by winds from the Andes and the
Nearly 30 firms face exit from
http://english.yonhapnews.co.kr/news/2011/04/01/0200000000AEN20110401003000320.HTML
Summary:
A total of 28 companies who close their books in December were found to have negative capital or to have received a disclaimer of opinion from auditors on their financial statements, said the Korea Exchange (KRX).
National Assembly opens month-long extra session [English, OYS]
http://english.yonhapnews.co.kr/news/2011/04/01/0200000000AEN20110401001800315.HTML
Summary:
The Lee Myung-bak administration's decision Wednesday to cancel the president's campaign pledge of building a new international airport in the country's southeastern provinces of Gyeongsang is likely to deal a heavy blow to the legislature's plan to pass 98 bills mostly linked to improving public welfare during the session.
http://english.yonhapnews.co.kr/news/2011/04/01/0200000000AEN20110401002300320.HTML
Summary:
March marks the 14th straight month that the country has posted a favorable balance. Exports shot up 30.3 percent on-year to $48.60 billion last month, with imports rising 27.9 percent to $45.49 billion, according to the report by the Ministry of Knowledge Economy.
http://english.yonhapnews.co.kr/news/2011/04/01/0200000000AEN20110401001600320.HTML
Summary:
According to the report by Statistics Korea, the country's consumer price index jumped 4.7 percent last month from a year earlier, marking the fastest on-year hike since October 2008 when it rose 4.8 percent.
3. LIVESTOCK ISSUES
http://english.yonhapnews.co.kr/business/2011/03/31/81/0502000000AEN20110331013700320F.HTML
Summary: The
Nearly 25 pct of Seoulites live alone: report [English, OYS]
http://english.yonhapnews.co.kr/news/2011/03/31/0200000000AEN20110331014000320.HTML
Summary:
According to the report by the Seoul Metropolitan Government, 838,114 people lived alone in
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