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Korean Market Overview U.S.–Korea Free Trade Agreement

Korean Market Overview U.S.–Korea Free Trade Agreement. Agricultural Trade Office Seoul, Korea November 2011. What makes Korea a good market. 13 th largest economy 5 th largest import market 49 million consumers $20,759 per capita income

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Korean Market Overview U.S.–Korea Free Trade Agreement

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  1. Korean Market OverviewU.S.–KoreaFree Trade Agreement Agricultural Trade Office Seoul, Korea November 2011

  2. What makes Korea a good market 13th largest economy 5th largest import market 49 million consumers $20,759 per capita income Growing economy: 6.2 % in 2010; 4.5% projected in 2011 Strong ties to U.S. Women in workforce Urbanized – 80% Slowing agricultural output

  3. Liberalization of Korea’s Agricultural Market Negotiating with: Australia, Canada, New Zealand, Mexico, GCC, Colombia, Turkey

  4. The United States is well-positioned as the dominant supplier…

  5. Growing our 5th Largest MarketU.S. Exports - $5.8 Billion in 2010

  6. Maintain Markets for Corn, Wheat, Soybeans, Soymeal

  7. Expand Intermediate andConsumer-Oriented

  8. Expand Intermediate andConsumer-Oriented

  9. Participate in U.S. Promotional Activities

  10. www.atoseoul.com

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