Korea to Open Rice Market with 513% Tariff

I am not sure how this is considered opening the rice market when you put a 513% tariff on imports:

South Korea has notified the World Trade Organization (WTO) that it will open its rice market in January next year with a 513 percent tariff rate.

The Ministry of Agriculture, Food and Rural Affairs Tuesday submitted to the WTO secretariat its plan to revise the country’s tariff rate on rice imports.  [KBS World]

You can read more at the link.

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tbonetylr
tbonetylr
10 years ago

Any salmonella in that rice like there was during the Asian Games for lunch which the Korean gov’t fed to Athletes?

flyingsword
10 years ago

Yeah, that is not exactly saying open for business….

Denny
Denny
10 years ago
Tom
Tom
10 years ago

tbonetyler, they didn’t feed anybody salmonella. The lunch were thrown out. If it was the US, they would have fed them anyway, especially to the Asians because white Americans are racists at heart.

Jigoku
Jigoku
10 years ago

Tom! What up dog! Ha! Ha! Yeah, white racists accept other white racists based on skin color, but you many of you Asians have the same color eyes, hair and skin yet are still racist towards each other! You would think you’d get this from the way Koreans are treated in Japan, not to mention the Viets kicking out your Chinese relatives from Nam after having a Chinese colony there for about 1000yrs.
Tom should open a restaurant in the Philippines only for Koreans, that has never been done before, has it Tom? Or you could even do that in Itaewan Tom. Itaewan’s in Korea Tom. It’s mostly been taken over by Korean patrons now. You should try to visit Korea at least once before you die Tom.

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