South Korea plans to import 40 million eggs in April, up from the initially planned imports of 25 million, to help stabilize rising egg prices caused by the bird flu outbreak.
The Ministry of Economy and Finance said it will push to increase the imports of eggs in May as well and take available steps to curb a sharp rise in egg prices.
The country has imported some 64 million eggs since late January to ease a supply shortage.
Egg prices in South Korea jumped in recent months as the bird flu outbreak ravaged chicken farms across the nation since November last year.
The number of layer chickens reached the lowest in over three years in the first quarter due to massive culling to contain the spread of bird flu.
South Korea temporarily removed tariffs on imported egg products on Jan. 28 to ease a bird flu-triggered supply shortage.
Local firms may import up to 50,000 tons of fresh eggs and seven other kinds of egg products tariff-free until June 30.


Optus Apologises After Network Outage Disrupts Emergency Calls
MediaTek Unveils 2nm Dimensity 9600 Pro AI Chip
Enflame Shares Surge 200% in Shanghai AI Chip Debut
Samsung Heavy Wins $1.22 Billion LNG Carrier and Tanker Deal
BHP Port Hedland Wage Dispute Heads to Arbitration
SpaceX Nasdaq 100 Weight Set to More Than Double
Finland Raises 2026 Growth Forecast as Exports and Investment Surge
Dollar Rises as Fed Hike Bets Weigh on Asian Currencies
China Industrial Output Beats Forecasts as Exports Support Growth
Novartis M&A Strategy Faces Investor Scrutiny After Drug Setbacks
UK Wage Growth Slows as BoE Rate Decision Looms
China Home Prices Fall Again as Property Slump Drags on Growth
Asian Stocks Fall as AI Fears and Oil Surge Hit Markets
Hormuz Vessel Traffic Drops to Single Digits
Gold Prices Steady as Oil Disruptions Boost Fed Rate Hike Bets
German 2-Year Yield Hits 2023 High as Rate Hike Bets Rise
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise 



