Yonhap via Yahoo: S. Korea, Japan Discuss Seaweed Import Dispute
South Korea and Japan held talks in Geneva to untangle a dispute surrounding dried laver, a salty seaweed used for wrapping rice, participants here said Friday. The talks, the second of their kind, come after Seoul filed a motion with the World Trade Organization (WTO) Dec. 1 asking that Japan's import quota system for the product, known in Korea as "gim," be scrapped because it distorts trading rules...Experts following the talks said Seoul instigated the motion after Tokyo announced it will allow Chinese laver to enter its market without raising its overall quota, a move that will almost certainly translate as a diminished market share for South Korean exporters given their previous monopoly.
As of 2004, the South was allowed to export 2.5 million sok of laver to Japan, or 2.4 percent of its neighbor's domestic market - representing a three-fold increase from five years earlier. One sok is equal to 100 sheets of laver, each about the size of a sheet of A4 paper. Seoul expects the global trading body to support its position since the quota is a "uniquely" Japanese protectionist policy.