Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 Restaurants
 INCO Terms
 Ports
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Rice
 Grain
 Agriculture
 Commodity Exchange
 Weather
 Other
 Info
 Editor
 Advertisement
 Technical
Search in news database
Korea to start rice talks with U.S.
The Korea Herald, August 12, 2004
The Korean government on Friday will start a third round of negotiations with the United States to liberalize the rice market, the Ministry of Agriculture and Forestry said yesterday.

The ministry said the delegates will meet U.S. trade representatives in Washington and discuss possible changes to Korea's rice import policy. At present, Korea uses a quota to cap imports to 4 percent of the domestic market.

The U.S., the second-largest rice exporter to Korea, wants Seoul to abolish the protectionist system and switch to a tariff policy. The change would allow foreign rice to enter the market freely without quota restrictions.

Washington officials have also demanded that U.S. rice be given "substantial" access to Korean consumers. Rice imports to Korea have been reserved solely for processed food and are practically unavailable to the average shopper.

Officials here declined to comment on the coming negotiations.

"How to tackle the rice issue with the U.S. should be kept confidential at this point. Any information about the ongoing discussion can affect negotiation with other rice-exporting countries," said a deputy director at the Agriculture Ministry.

Nine rice-growing countries, including the United States and China, are holding talks with Korea to change the nation's import system. Ministry officials said further negotiations with other countries have yet to be scheduled.

The Korean government is pursuing an extension for its quota system, out of fear that opening the market will seriously hurt local rice farmers. Rice prices on the international market are only around 25 percent of Korea's.
MGR Archive 12.8.2004
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
Password:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:


Convert
  © 2002 All rights reserved. - Legal Notice