logo
  

ARGENTINA: Government Seeks To Boost Presence In Korean Market

(Agencia CMA Latam) - An Argentinean delegation concluded an official visit to South Korea aimed to strengthen the South American country presence in the Asian market.

The Argentinean mission held a bilateral agenda on trade and technical and phytosanitary negotiations with South Korean officials.

The delegation was headed by the Secretary of Agroindustrial Markets of the Ministry of Agroindustry, Marisa Bircher.

"We are selling grains, soybean meal, vegetable oils and fishery products, but we want to diversify with meats, fruits and processed foods," she said.

In February, Mercosur and Korea concluded the exploratory dialogue for the establishment of a free trade zone. Also, a technological package was offered to Korea against foot-and-mouth disease outbreaks in pigs and cattle.

In 2016, the trade balance between Argentina and Korea recorded exports of US$ 860 million and imports at a similar level. Agroindustrial exports dominated the Argentinean sales, reaching US$ 740 million.

by Agencia CMA Latam

For comments and feedback: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

A busy week for economics saw the release of first quarter growth figures for the U.S. economy and the interest rate decision in Japan. Read our stories to find out why the GDP data damped market sentiment in the U.S. and what were the signals given out by the Bank of Japan. Other news this week included new home sales data and jobless claims figures from the U.S., and the latest purchasing managers' survey results for the Eurozone.

View More Videos
Follow RTT