We are sanguine about the long-term growth of South Korea’s agricultural sector. Despite our expectations that the country will increase imports of raw agriculture products such as grains and meat, especially after the KORUS trade pact with the US is fully enacted, we believe that rising exports, especially from South East Asian nations, will keep the industry going. Further, we believe that the longterm integration of science and technology with the agriculture industry is a strategic step. The expansion of education and financial support for farmers to allow them entry into the food processing business and plans to revitalize agriculture …
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