The South Korean government announced June 18 that preferential tariffs on Taiwanese bananas, mangoes and pineapples will be extended through Aug. 15, reducing trade costs for domestic farmers and distributors, according to the Ministry of Agriculture.
The MOA expressed appreciation to the Ministry of Foreign Affairs, Taipei Mission in Korea, local governments and legislator Chen Ting-fei for their successful advocacy.
Citing rising exchange rates and commodity prices that have driven up imported fruit prices in South Korea, the ministry noted that the South Korean government introduced preferential tariff quotas for Taiwanese fruit in February to help stabilize prices. The program had originally been scheduled to end June 30.
As Taiwanese mangoes are in season from June to August and mango season on South Korea’s Jeju Island does not begin until August, the extension will allow South Korean consumers continued access to high-quality Taiwanese produce, benefiting both sides.
The MOA said it has been actively promoting mango exports by helping farmers improve product quality through stricter pesticide management, enhanced quarantine technologies and cold-chain logistics. These efforts have raised the international profile of Taiwanese mangoes, as reflected by their recent successful entry into high-end markets in France.
In addition to maintaining strong export markets in Japan, South Korea and the U.S., the government pledged to help local businesses further expand into Australia, New Zealand and Southeast Asia to create sustainable business opportunities for farmers and distributors, the MOA concluded. (POC-E)
Write to Taiwan Today at ttonline@mofa.gov.tw
The MOA expressed appreciation to the Ministry of Foreign Affairs, Taipei Mission in Korea, local governments and legislator Chen Ting-fei for their successful advocacy.
Citing rising exchange rates and commodity prices that have driven up imported fruit prices in South Korea, the ministry noted that the South Korean government introduced preferential tariff quotas for Taiwanese fruit in February to help stabilize prices. The program had originally been scheduled to end June 30.
As Taiwanese mangoes are in season from June to August and mango season on South Korea’s Jeju Island does not begin until August, the extension will allow South Korean consumers continued access to high-quality Taiwanese produce, benefiting both sides.
The MOA said it has been actively promoting mango exports by helping farmers improve product quality through stricter pesticide management, enhanced quarantine technologies and cold-chain logistics. These efforts have raised the international profile of Taiwanese mangoes, as reflected by their recent successful entry into high-end markets in France.
In addition to maintaining strong export markets in Japan, South Korea and the U.S., the government pledged to help local businesses further expand into Australia, New Zealand and Southeast Asia to create sustainable business opportunities for farmers and distributors, the MOA concluded. (POC-E)
Write to Taiwan Today at ttonline@mofa.gov.tw
from Taiwan Today – Top News