According to sources, China has agreed to import rice from South Korea as part of the on-going bilateral summit between the Premiers of the two countries. Further, both the countries have reached an agreement on inspection rules regarding South Korea’s rice. However, the China has not allowed rice imports from South Korea, due to the absence of a phytosanitary protocol between the two countries.
Further, in this regard, it has also been reported that the South Korea has been seeking to enter the Chinese rice market since long. But, now the deal is expected to a good move for South Korea, which is of late struggling with an increase in production and a decline in consumption.