South Korea: Retail Foods

  |   Attaché Report (GAIN)

Expansion and diversification of large-scale retail businesses coupled with introduction of information technologies has led a rapid evolvement of the retail food sector in South Korea over the last two decades. Strong consumer demand for value, convenience, diversity and quality generates increased demand for imported food and agricultural products in the sector. The United States remains the leading supplier of consumer-ready food products to the Korean retail food sector. Korea’s imports of consumer-ready food products from the United States totaled a record high $3.6 billion in 2014, up 21.4 percent from the previous year. Reduction of import tariffs under KORUS FTA should provide American products with additional opportunities in the sector.

South Korea: Retail Foods

Related Reports

The Competition Commission of South Africa, and independent body under the Department of Trade, Industry and Competition announced the launch of a comprehensive market inquiry that will seek to determine if the South African poultry industry is impeding, distorting, or restricting competition in a way that violates the South African Competition Act.
Attaché Report (GAIN)

Canada: Comment Period Open for Bill 96 in Quebec

On January 10, the Quebec Ministry of the French Language launched consultations on the Draft Regulations, which includes necessary amendments and clarifications to Bill 96, An Act respecting French, passed on June 1, 2022.
On February 2, 2024, the Jordan Standards and Metrology Organization (JSMO) notified G/TBT/N/JOR/55 to the World Trade Organization, Committee on Technical Barriers to Trade.