Korus FTA On The Korean Agricultural Trade And Related Industries Impact Analysis

Korea-US free trade agreement since inception through a lot of hardships,South Korea and the United States signed a free trade agreement really is to cater tointernational trends and market decisions, but in other areas vulnerable industries inKorea has also been the impact of market opening. In the Korea-US free tradeagreement signed protective measures are gradually beginning abolish the occasionin the past protected agricultural products have lost their original position in themarket, with the U.S. trade balance data is gradually increasing South Koreanimports of agricultural products, while the U.S. exports also increased. SouthKorean imports of agricultural products and the expansion would bring negativeeffects than it exports to expand the positive effects of small to negligible. Inresponse to the Korea-US free trade agreement on the impact of agriculture in SouthKorea, the effective use of productive forces in rural areas, agricultural productslogistics industry to high-tech excessive regard to the food and beverage industry toexpand South Korean domestic market demand for agricultural products and otheraspects of Korean agricultural related industries need to take effective measures. Inagricultural production should strengthen cooperation in a wide area of agriculture,in the case of human resources, effective use of scarce human resources. In thecirculation of agricultural cooperative organizations in agriculture will have torespect the foundation of agricultural products under the brand, enhance theadvantages of agricultural products in Korea and imported agricultural competition,improve storage technology to enhance the freshness of Korean agriculturalproducts and means of circulation for the past rectification, emphasizing the centraltrading center function tends to disadvantaged areas for trading venues will be givento local businesses or local governments or self-managed agricultural portfolio. Theother hand, farmers should also focus on niche market potential, using the Internetand other electronic means to communicate directly with consumers. Growing foodand beverage industry should focus on agricultural products should also become amarket, cater to the requirements of the catering industry and do market researchprojects in agricultural production to post-processing and packaging must be readyfor the dietary trends.