Farm, fisheries groups launch task force to oppose CPTPP entry
Workers from Korea’s agricultural, livestock, fishery and forestry industries on Monday jointly launched an emergency committee to oppose the government’s potential entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). They argued that joining the trade pact would increase imports into Korea, threatening their market share and livelihoods. The launch of the…
Korea's agricultural, livestock, fishery and forestry workers have formed an emergency committee to oppose the government's potential entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The task force argues that joining the trade pact would lead to increased imports, endangering their market share and livelihoods.
The CPTPP, ratified by 12 countries including Japan, Canada, Australia, Mexico and Vietnam, remains on the table for Korea's government. The Ministry of Trade, Industry and Resources recently denied rumors of joining the pact, stating they would "carefully consider joining the CPTPP, taking into account stakeholders' views as well as domestic and external conditions."
Earlier, Industry Minister Kim Jung-kwan indicated the government would review the possibility of joining the pact. Deputy Prime Minister and Finance Minister Koo Yun-cheol also mentioned the matter during a recent ministerial meeting.
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- Farm, fisheries groups launch task force to oppose CPTPP entry koreatimes.co.kr