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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: SKorea unveils fresh support for struggling farm sector AFP - 10 minutes ago SEOUL (AFP) - - South Korea's government on Sunday announced a 2.2 billion dollar plan to prop up the farm sector, which has been hit by a global economic slowdown and weak domestic consumption. The agriculture ministry said the government would inject 3.25 trillion won into the sector next year to support food and agricultural businesses, bolster rural development and strengthen forestry resources. South Korea has protected its rice market to support the farmers, allowing imports of only seven percent of total consumption last year. But farmers have called for larger state subsidies, as many are suffering from chronic debts due to a steady drop in the country's overall rice consumption. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: China's Economy SKorea unveils fresh support for struggling farm sectorAFP - 10 minutes ago SKorea's Hynix to trim pay in recovery effortAP - 1 hour 5 minutes ago Obama banking on large-scale public works projectAP - Sunday, December 7 Sarkozy defies China with Dalai Lama talksReuters - Sunday, December 7 Related Articles: Business SKorea unveils fresh support for struggling farm sectorAFP - 10 minutes ago SKorea's Hynix to trim pay in recovery effortAP - 1 hour 5 minutes ago Australian dog team searches PNG landslide siteReuters - 1 hour 19 minutes ago Walmart.com offers 'thousands' of Wiis from MondayReuters - 2 hours 44 minutes ago Citing security, Australia says Qantas must stay AussieAFP - Sunday, December 7 Enlarge Photo SKorea unveils fresh support for struggling farm sector Related Photos Slideshow Full Photo Coverage: Business & Economy Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Diamond thieves pull off 100-million-dollar Paris heist Girl, 8, among 17 dead in Manila shoot-out: police Vinnie Jones gets into bar fight over role in X-Men Oil price falls below $40 Formula One: Honda exit casts cloud over F1 future View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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