S Korea-Japan-rice exports
SEOUL, April 21 (Yonhap) -- South Korea plans to export 22 tons of rice to Japan, the largest volume in 35 years, following a surge in rice prices in the neighboring country, a trade company said Monday.
The Japan office of South Korea's NH Trading Co. imported 2 tons of Korean rice products last month, according to company officials. NH Trading is a subsidiary of Seoul's National Agricultural Cooperative Federation, better known as Nonghyup.
The company plans to import an additional 10 tons of rice next month and another 10 tons in the future, the officials said.
It marks the first time the Japanese office of NH Trading has purchased rice from South Korea.
It will also mark the largest amount of Korean rice at 22 tons exported to Japan since 1990, when the government began keeping a record of such data.
The two countries' rice trade plan comes amid surging grain prices in Japan over the past year sparked by poor harvests and other reasons.
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