Introduction
Indonesia is now experiencing a bonus demographic population characterized by a growing middle class. This phenomenon has caused increasing demand for beef, where more than 98% of beef cattle production is managed by smallholder farmers. The national policy has been focused on...
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Korea will export "hanwoo," or premium Korean beef, to Cambodia for the first time, the agriculture ministry said Tuesday.
The two nations signed the first contract for Korean beef to be exported to the Southeast Asian country Monday, eight years after reaching an agreement on quarantine negotiations, according to the Ministry of Agriculture, Food and Rural Affairs.
Korea aims to export 2,000 tons of hanwoo worth $100 million over the next five years, it added.
In May, Korea signed its first contract to export hanwoo to Malaysia after meeting halal standards.
Read more here.