Sangju-si, Mojeon-myeon Farmhouses Apply for 'FTA Damage Compensation Direct Payment' Review

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] On the 7th, Sangju City, Gyeongbuk held the 2020 FTA (Free Trade Agreement) Damage Compensation Direct Payment Committee at Moseo-myeon Administrative Welfare Center.

The FTA Damage Compensation Direct Payment system is a program that supports producers who suffered price declines due to a sharp increase in imports following the implementation of free trade agreements by compensating a portion of the price drop.

On this day, the committee was organized to review the eligibility of applicants and the items subject to payment under the FTA Damage Compensation Direct Payment system to prevent improper payments in advance. In Moseo-myeon, seven committee members reviewed the eligibility of applicants through document screening.

Seo Jeong-dae, head of Moseo-myeon, said, "I hope that the farmers who suffered damage due to the FTA agreement will gain some strength through this damage compensation direct payment."

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