South Korea said Monday it has completed negotiations with Vietnam to ship paprika, a type of bell pepper, to the Southeast Asian country.
Seoul had been negotiating with Hanoi since 2008 on export terms for paprika, whose outbound shipments currently depend heavily on neighboring Japan, according to the Ministry of Agriculture, Food and Rural Affairs.
South Korea's exports of paprika reached US$91.5 million in 2019, with Japan accounting for a whopping 99.7 percent of the volume. Other destinations include Taiwan, Hong Kong, Singapore and Russia.
Read more here.