date:Jul 18, 2014
could pave the way towards lower duty down the line.
The ministries of trade, agriculture and finance will hold a joint briefing on Friday on the country's rice import policy, spokesmen for the bodies said, declining to give details. Yonhap did not cite sources in its report.
The shift has long been expected as a 20-year-old agreement on rice import quotas with the World Trade Organisation expires at the end of 2014, with the nation under pressure to take bigger steps to open its markets for