Korean And U.S. Beef: That's a switch

Saturday, April 19, 2008

I don't really know why I read this in the first place - but I did - and while it doesn't have the ring of NAFTA, I am glad to know about KUSFTA:

Early Friday morning, Seoul officially announced it would gradually open its
market to U.S. beef imports as Washington intensifies safety standards.

Eventually, if all goes well, a full range of U.S. beef boneless and
bone-in, from animals of any age, would be shipped to a market estimated to be
worth up to $1 billion a year.

The announcement came after days of negotiations in Seoul aimed at resuming regular U.S. beef shipments for the first time since mad cow disease was discovered here in 2003.
Read the full Reuter's article here.