SOURCE: Catherine Talavera, Philstar Department of Trade and Industry (DTI) said the tariffs on the country’s banana and processed pineapple exports to South Korea would gradually be eliminated after the signing of a free trade agreement (FTA). Trade Undersecretary and Board of Investments (BOI) managing head Ceferino Rodolfo said theContinue Reading
SOURCE: Roy Stephen C. Canivel, Inquirer Talks for a new free trade deal with South Korea hit a snag anew, with parties failing to come to terms on the issue of market access. Negotiations are expected to drag further until a deal is made by the first quarter of 2021—atContinue Reading
Cambodian mangoes are proving popular among South Korean consumers, the Korean Trade-Investment Promotion Agency (Kotra) said, encouraging more local firms to export the fruit to the East Asian country.Continue Reading
Bananas and papaya, representative tropical fruits, are being cultivated on a farm on Anmyeon Island in Taean County, South Chungcheong Province. Bananas produced at the farm are sweeter than imported ones due to large daily temperature differences and abundant sunshine. In addition, the yield per tree has reached 50Continue Reading
Leading South Korean importer and exporter, Hyundai Agro, has announced the first commercial shipment of Cambodian grown mangoes will be sent from the South East Asian country this week. In an interview with Cambodian newspaper Khmer Times, managing director of Hyundai Agro, Chang-Hoon Lee, outlined what would be sent. “WeContinue Reading
Philippines is considering a preferential trade agreement with South Korea to ease access for its banana exports, or may seek to include provisions for banana exports in the Association of Southeast Asian Nations (ASEAN) free trade agreement. Trade Secretary Ramon M. Lopez said he met recently with hisContinue Reading
A South Korean business group is interested in importing 50 tons per week of premium mangoes from key growing regions like Soccsksargen, Zambales and Guimaras, an order equivalent to the Philippines’ entire output of premium-grade fruit, Agriculture Secretary Emmanuel F. Piñol said. “It’s a Korean business group that would likeContinue Reading
Manila should expedite the forging of a free-trade agreement (FTA) with Seoul that would allow Philippine banana exports to enter South Korea at lower tariffs, and ensure that the country would not lose the East Asian market against South American competitors. The Pilipino Banana Growers and Exporters AssociationContinue Reading
The Department of Agriculture (DA) said South Cotabato-based farmers have inked a trade agreement with a South Korean firm that would import at least 8 metric tons (MT) of papayas monthly starting this month. DA 12 Regional Executive Director Milagros Casis said farmers from Tupi province successfully shippedContinue Reading