Asia

U.S./South Korea FTA takes effect amid controversy

A U.S.-South Korea free trade pact that has stirred controversy in both countries since it was negotiated took effect on Thursday with opposition politicians in Seoul vowing to block parts of the deal they don't like. FULL STORY »

Argentina unlikely to sell large corn volumes to China

Argentina is unlikely to sell large volumes of corn to China this year, despite a recent deal between the two countries on trading the grain, due to a lower-than-expected output, an Argentine trader said on Wednesday. FULL STORY »

Taiwan may allow beef fed ractopamine, but not pork

Taiwan’s cabinet officials announced this week that they plan to lift the ban on most U.S. beef products from animals that have received ractopamine. U.S. pork was not included in the decision. FULL STORY »

Dunkin' Donuts aims at China with pork donuts

Pork donuts may not be palatable to Americans or Europeans, but the parent company of Dunkin' Donuts and the Baskin-Robbins ice cream chains is catering to local tastes in China, where it aims to open another 100 stores in the next two to three years. FULL STORY »

Vilsack leads 40 U.S. companies on trade mission to China

Agriculture Secretary Tom Vilsack is leading an agricultural trade mission to China to build partnerships between U.S. and Chinese businesses and enhance job growth in the U.S. FULL STORY »

U.S. decision on trade talks in Japan's hand

U.S. Trade Representative Ron Kirk to assure lawmakers on Wednesday that the United States would not sign off on Japan's entry into trans-Pacific trade talks until it is confident Tokyo is ready to meet high U.S. goals for the pact. FULL STORY »

McDonald's plans to expand franchising in China

McDonald's Corp, the world's biggest hamburger chain said it plans to increase the number of franchised stores in China as it ramps up expansion in one of the world's fastest-growing consumer markets. FULL STORY »

North Korea limits nuclear weapons tests in exchange for food aid

North Korea has agreed to allow inspectors to monitor activities at its main nuclear reactor and suspend nuclear weapons testing in exchange for food aid from the United States. FULL STORY »

USMEF: Korea FTA begins duty reductions on U.S. beef, pork

March 15 was recently announced as the implementation date for the Korea-U.S. Free Trade Agreement. So how will this affect market access for U.S. beef and pork? FULL STORY »

U.S. wants more talks on Japan bid to join Pacific trade group

The United States said this week it was still considering whether to support Japan's bid to join talks on a trans-Pacific regional free trade agreement, three months after Tokyo announced interest in the negotiations. FULL STORY »

Russia wheat exports to Asia to compete with U.S.

Russian wheat exporters are seeking to gain a foothold in the Asian market, which will increase competition for U.S. wheat exports. FULL STORY »

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