Open App →
Back to News Feed
Korea Times September 29, 2026 By aoshima11@koreatimes.co.kr(KoreaTimes) positive

Trade barriers still bog down K-food firms: lobby group head

AI / LLMSemiconductorsSupply ChainRegulation
Korean food manufacturers, despite K-food’s growing presence in global markets, continue to face hurdles from overseas trade barriers that constrain further export growth, according to the head of the country’s major food industry lobby group, Tuesday. Park Jin-sun, chairman of the Korea Food Industry Association (KFIA), said difficulties faced by the group’s member companies ranged from tariff to custom, certificates and food regulations in foreign markets. Global supply chains that prevent Korea’s imports of necessary materials for the industry also posed a threat. Issues related to food safety, production technologies, eligibility for government subsidy programs and sustainable operation practices were also major concerns for the companies. “We have witnessed rising crude oil prices worldwide, tightening naphtha supplies, disrupting packaging operations and a weakening Korean won,” Park said during a press conference in Seoul marking his first year as chairman. “Not just our importers, our exporters seeking to expand their global markets also suffered from various trade
Read original article ↗

Related Articles

Artmarket.com : rapport financier S1 2026 -- les IA Intuitive Artmarket® et Blind Spot, uniques au monde, constitueront le relais de croissance 2026-2030 d'Artprice « AI-First ».

PARIS, 29 septembre 2026 /PRNewswire/ -- La société Artmarket.com annonce que son rapport financier semestriel au 30 jui

PR Newswire · September 29, 2026

Europe Today: Ukraine seeks urgent funding in Brussels as Russia's drones pound Kyiv

EU allies meet in Brussels to plug Ukraine's wartime funding gap, as Russia pounds Kyiv with more than 120 drones, one h

Euronews · September 29, 2026

LG Innotek to operate data collecting vehicle fleet for self-driving tech

LG Innotek will dispatch a fleet of sensor-packed test vehicles to Korean roads to gather real-world data aimed at sharp

Korea Times · September 29, 2026

Watchdog chief urges securities firms to shore up shareholder value

The chief of Korea's financial watchdog on Tuesday called on securities firms to shore up shareholder value and heighten

Korea Times · September 29, 2026