South Korea stopped U.S. beef imports after the U.S. Department of Agriculture confirmed a case of bovine spongiform encephalopathy (BSE), or “mad cow” disease, in a Washington state cow in late December 2003.
Since then, most countries have re-established trade in U.S. beef imports. South Korea, traditionally one of the larger U.S. beef export markets by value, has been one of the last holdouts. The U.S. Meat Export Federation estimated the beef trade to South Korea before the 2003 closure to be $3.5 billion to $4 billion.
The beef debate between South Korea and United States had also been one of the chief roadblocks to Congress approving the U.S.-South Korea free trade agreement negotiated by the Bush administration.
According to news reports this morning, South Korea’s Agriculture Ministry will allow U.S. beef imports from U.S.-raised cattle younger than 30 months of age. Cuts with bones will also be accepted.
The Associated Press reported that South Korea’s trade negotiator Min Dong-seok, however, warned the country would immediately cut off U.S. beef imports if any future cases of mad cow disease surface in the United States. The World Organization for Animal Health has listed the United States as a “controlled risk nation,” essentially stating that it has sufficient anti-BSE safeguards in place to safely export cattle of any age.
President Bush and South Korean President Lee Myung-bak will meet today in Washington for the start of a summit between the two countries.
Brokerage Compliance Symposium
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now