South Korea's president hails first persimmon export to China in 17 years

· Trade · South Korea · China

South Korean President Lee Jae Myung pledged to actively back the opening of new export markets to boost agriculture, following South Korea's first persimmon shipment to China after 17 years of negotiations. Writing on social media platform X on Saturday, Lee highlighted that Korean persimmons are making their entry into the Chinese market. Separately, Credit Saison and the Asian Development Bank agreed to partner on loans for Asia's small businesses. The developments point to expanding agricultural trade and financing for smaller firms in the region.

Why it matters：The persimmon shipment shows how agricultural exports can ease trade frictions, while ADB lending aims to fill financing gaps for Asian small firms.

Key points

  • It is South Korea's first persimmon shipment to China in 17 years.
  • Lee pledged support for opening new export markets.
  • Credit Saison and the ADB agreed to partner on small-business loans.

Sources (original reporting)

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