Exports, International issues, Management, Media, Policy

South Korean trade agreement keeps ag issues in place, no negative effect.

Click here for full article: http://www.westernfarmpress.com/marketing/economist-korea-trade-agreement-sigh-relief-ag

“That the U.S. negotiated a new free trade agreement with South Korea without affecting agriculture amounts to “the dog that did not bark,” University of California-Davis agricultural economist Daniel Sumner says.

Agriculture was ubiquitously absent from the deal announced March 28 by U.S. Trade Representative Robert Lighthizer and Korean Minister for Trade Hyun Chong Kim, which addressed issues related to automobiles, pharmaceuticals, currency and textiles.

That means the benefits to ag from the original 2012 agreement remain intact, notes Sumner, director of the university’s Agricultural Issues Center.”

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The Agricultural Issues Center is now the UC Davis California Agricultural Issues Lab.


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