16-10-16: South Korea lifts ban on overseas suppliers of chicken

By Anya Palm

Chicken is a stable in South Korean cuisine and it is an immensely popular snack with Koreans from all walks of life. So far, however, the market for chicken meat has been dominantly local due to a ban on foreign suppliers.

But now, a plan to lift the restriction have gotten global producers excited – and ready for the competition:

“It’s going to be a tougher market because the US only had to compete against Brazil before, but now there are more competitors like Denmark and sooner or later Thailand,” said Jenis Bae, manager at a US supplier to South Korea.