AMI applauds an announcement by the Korean government that it will eliminate a discriminatory dual marketing system for beef. Ending the discrimination against imported beef will benefit Korean consumers as well as U.S. and other global producers and exporters of beef. We commend the Korean government for recognizing and accepting its international obligations and bringing its beef import regime into compliance with global trade rules.
The Institute is grateful for the
efforts of the U.S. Department Agriculture, the
Office of the U.S. Trade Representative, and
the U.S. Department of State in bringing this
matter to a satisfactory conclusion.
In early 1999, AMI and other U.S. meat
industry groups urged the U.S. government to
challenge the Korean system, using the dispute
settlement procedures of the World Trade
Organization (WTO). A WTO dispute settlement
panel ultimately found Korea's beef import
system to be in violation of global trade
rules. After the WTO's Appellate Body affirmed
the panel's finding, Korea agreed to bring its
measures into compliance by October 10, 2001.
Korea is the third largest export
market for U.S. beef. Last year the value of
U.S. beef exports to Korea exceeded $500
million -- more than double the level of four
years earlier. The growth in U.S. meat
exports is one of U.S. agriculture's most
striking success stories and is an important
component of ensuring a healthy U.S. economy.
The meat industry is the largest sector of
Agriculture, which is the largest sector of the
AMI represents the
interests of packers and processors of beef,
pork, lamb, veal and turkey products and their
suppliers throughout North America.
Headquartered in Washington, DC, the Institute
provides legislative, regulatory and public
relations services, conducts scientific and
economic research, offers marketing and
technical assistance and sponsors education
AMI Statement on Opening of Korean Beef MarketFriday, September 28, 2001
For more information contact:
Vice President, Public Affairs
Manager, Public Affairs