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TSCRA Daily News Update, May 23, 2008
Patience urged with Korea on market opening TheSouth Korean market was expected to reopen to U.S. beef exports on Thursday, May 15. At that time, Korea was scheduled to permit all U.S. beef and beef products from 31 approved plants, with no age restrictions. But recently, activist and political groups within Korea have been protesting the importation of U.S. beef, resulting in a delay of the market opening. Korea’s Agriculture Minister speculated the delay would last only seven to ten days, and NCBA continues to monitor the situation carefully. "This delay is very frustrating, because we are very eager to resume beef trade with Korea," said NCBA President Andy Groseta, who visited Seoul in February as part of the official U.S. delegation attending the inauguration of newly elected President Lee Myung-bak. "But I have great confidence in President Lee to bring U.S.beef back into Korea, so I would urge everyone to be patient while we work through these last remaining issues."
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