Acronyms

AFACI

Asian Food and Agriculture Co-operation Initiative

AI

Artificial Intelligence

AIS

Agricultural innovation system

APQA

Animal and Plant Quarantine Agency

APR

Agriculture Promotion Region

ASEAN

Association of Southeast Asian Nations

ASG

Agricultural Safeguard

AT

Korea Agro-Fisheries and Food Trade Corporation

BAU

Business-As-Usual

BERD

Business Expenditures on R&D

BOD

Biochemical Oxygen Demand

BTL

Build-Transfer-Lease

BTO

Build-Transfer-Operate

COD

Chemical Oxygen Demand

CSE

Consumer Support Estimate

CRCs

Co-operative Research Centres

EIA

Environmental Impact Assessment

EPIS

Korea Agency of Education, Promotion and Information Service in Food, Agriculture, Forestry and Fisheries

EPS

Employment Permit System

ETS

Emission Trading Scheme

EU

European Union

EU15

15 member states of the European Union, which were members in 2003

FACT

Foundation of Agricultural Technology Commercialization and Transfer

FDI

Foreign Direct Investment

FMD

Food-and-Mouth Disease

FPP

Farmland Purchase Program

FSS

Financial Supervisory Service

FTA

Free Trade Agreement

GATT

General Agreement on Tariffs and Trade

GDP

Gross Domestic Product

GERD

Gross Domestic Expenditure on R&D

GHG

Greenhouse gas

GIS

Geographic Information System

GNI

Gross National Income

GSSE

General Services Support Estimate

HPAI

Highly Pathogenic Avian Influenza

ICT

Information and Communications Technology

IPCC

Intergovernmental Panel on Climate Change

IPET

Korea Institute of Planning & Evaluation for Technology in Food, Agriculture, Forestry and Fisheries

IPR

Intellectual Property Rights

KCDC

Korea Centres for Disease Control & Prevention

KDC

Korean Dairy Committee

KECO

Korea Environment Corporate

KFS

Korea Forest Service

KFTC

Korea Fair Trade Commission

KISTEP

Korea Institute of Science & Technology Evaluation and Planning

KOPIA

Korea Project on International Agricultural

KOSTAT

Statistics Korea

KRC

Korea Rural Community Corporation

KREI

Korea Rural Economic Institute

KRW

South Korean Won

LMO

Living Modified Organism

MAFRA

Ministry of Agriculture, Food and Rural Affairs

ME

Ministry of Environment

MFDS

Ministry of Food and Drug Safety

MFN

Most Favored Nation

MOF

Ministry of Oceans and Fisheries

MoHW

Ministry of Health and Welfare

MOIS

Ministry of Interior and Security

MOLIT

Ministry of Land, Infrastructure, and Transport

MOSF

Ministry of Strategy and Finance

MOTIE

Ministry of Trade, Industry, and Energy

MPS

Market Price Support

MSIT

Ministry of Science and ICT

MSS

Ministry of SMEs and Startups

N

Nitrogen

NACF

National Agricultural Co-operative Federation

NAQS

National Agricultural Products Quality Management Service

NBLG

National Basic Livelihood Guarantee

NH

NongHyup

NHI

National Health Insurance

Nongshinbo

Agriculture, Forestry and Fisheries Credit Guarantee Fund

NP

National Pension

NRF

National Research Foundation of Korea

NSTC

National Science and Technology Council

NTIS

National Science & Technology Information Service

OECD

Organisation for Economic Co-operation and Development

P

Phosphorous

PACST

Presidential Advisory Council on Science & Technology

PPP

Polluter Pays Principle

PPPs

Public and Private Partnerships

PSE

Producer Support Estimate

R&D

Research and Development

RDA

Rural Development Administration

RPC

Rice Processing Complex

SARD

Special Account For Regional Development

SME

Small and Medium Sized Enterprises

SOC

Social Overhead Capital

STCA

Science and Technology Commission of Food, Agriculture, and Forestry

STRD

Special Tax for Rural Development

TFP

Total factor productivity

TMDL

Total Maximum Daily Load

TRQ

Tariff Rate Quotas

UN

United Nations

UNI-PASS

Korea Customs e-Clearing System

VAT

Value Added Tax

VOC

Volatile Organic Compounds

WEF

World Economic Forum

WTO

World Trade Organisation

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