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KORUS making positive impact for U.S. ag trade

Dec 20, 2017, 16:18 PM by System

The USDA Foreign Ag Service (FAS) says the U.S.-Korea Free Trade Agreement (KORUS) has boosted American ag exports to South Korea almost $1 billion dollars the last three years.

In its latest Agricultural Trade Report, FAS shows average U.S. exports to the Asian country have risen from $5.4 billion before KORUS went into effect, to $6.37 billion today.

FAS attributes the success largely to tariff reduction and the lifting of non-tariff barriers through the trade agreement.

Continue reading KORUS making positive impact for U.S. ag trade at Brownfield Ag News.

     

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