The United States will soon be able to sell more rice to the South Korean market than ever before.
According to a press release from the Office of the U.S. Trade Representative on Tuesday,..
Seoul and Washington reached a deal guaranteeing access to the Korean market for 110 million dollars of U.S. rice per year from 2020.
That amounts to approximately 132-thousand tons of rice.
The agreement comes after years of negotiation on the rice issue, after a WTO measure allowing Korea to protect its market expired in 2014.
U.S. Trade Representative Robert Lighthizer credited President Trump for the wider access to the Korean market, and said the agreement would prove to be "enormously beneficial" for American farmers.