Sangju-si, Gonggeom-myeon FTA Damage Compensation Direct Payment and Closure Support Review View original image

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongwook Park] Sangju City, Gyeongbuk Province, announced on the 18th that Gonggeom-myeon (Chief Seo Seung-yong) held the 2020 FTA Damage Compensation Direct Payment System and Closure Support System Review Committee at the Administrative Welfare Center on the 14th.


The FTA Damage Compensation Direct Payment System is a system that compensates for a certain portion of the price decline caused by the FTA agreement. The Closure Support System is a system that promotes the management stability of farms by compensating for items recognized as difficult to continue business due to the FTA agreement.


In Gonggeom-myeon, applications for the Damage Compensation Direct Payment System and Closure Support System were received, and on that day, six review committee members participated in the meeting to review the eligibility of the applicants through document examination.



Seo Seung-yong, Chief of Gonggeom-myeon, stated, "We hope that the payment of this damage compensation direct payment and closure compensation will help stabilize the management of farms that have suffered damage due to the FTA agreement, even if only a little."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing