date:Sep 21, 2016
nd FTA, which went into effect in December 2015, along with increased domestic production of the fruit, a company official said. As of August, a single kiwi package (8 10 kiwis) sold at Emart was priced at 6,980 won ($6.24), a 22 percent decline compared to last year. In accordance with the agreement, the import tariff for kiwis will be cut by 7.5 percentage points each year from the former 45 percent, with the fruit ultimately becoming tariff-free by 2020. The tariff currently stands at 30 per