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US, South Korea reach agreement on guaranteed market access for American rice

( November 19, 2019, 14:33 GMT | Official Statement) -- MLex Summary: US Trade Representative Robert Lighthizer and Secretary of Agriculture Sonny Perdue have announced an agreement with the government of South Korea on market access for US rice. Under the agreement, Korea will provide access for 132,304 tons of US rice annually, with an annual value of approximately $110 million.  Korea also agreed to important disciplines to ensure transparency and predictability around the tendering and auctioning for US rice.Statement follows in full. ...

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