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The Intra-Asia Discussion Agreement (IADA) Korea Local Action Committee covering trades from Korea to all Intra-Asia has recommended its members to implement a rate restoration of $100 per TEU and $200 per FEU for cargo from South Korea to Asia (Hong Kong, South China, Taiwan, Vietnam, Thailand, Singapore, Malaysia, Indonesia, Philippines, Cambodia and Vietnam), effective March 1, 2015.

The recommendation is posed to individual IADA members, on a voluntary, non-binding basis.

 


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