04.18.08

South Korea relaxes U.S. beef import rules

Posted in World News, Business, Economy at 9:53 am by william_lee_intern

South Korea on Friday agreed to open up to U.S. beef imports after Washington pledged to raise safety standards, boosting prospects for a sweeping trade deal ahead of a summit between leaders of the allies later in the day. South Korea’s farm ministry said in a statement that imports of U.S. beef will be expanded gradually and it would allow in bone-in beef from cattle under 30 months as a first step.
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