[2025 National AuditㅣFisheries Cooperatives Central Association] Criticized for 'only in name' aquaculture disaster insurance··· financial soundness deterioration looming

[Reporter Young-jin Hong, Korean Farmers and Fishermen Newspaper] During the national audit on the 27th targeting the cooperative association, related and subordinate agencies of the Ministry of Oceans and Fisheries, such as the Korean Rural Fisheries Corporation and the Korea Fisheries Resources Agency, issues such as the ineffectiveness of aquaculture disaster insurance and inadequate response to high water temperatures were raised. Criticism was also severe regarding the deteriorating financial health of the cooperative association, the deficit operation of Bada Mart, the controversy over the establishment of a seaweed joint venture with Orion, and the leasing business for young fishermen's vessels and aquaculture farms. Additionally, a demand was made to relocate the cooperative association to Jeonnam, the "number one seafood province," in response to the concentration of ocean and fishery agencies in the "Busan-Ulsan-Gyeongnam" region. ▲The cooperative association is losing its disaster insurance function... "Prevention efforts for high water temperatures are also poor"