South Korea's all-round support in aquaculture for global market competitiveness

All-round support will be provided to ensure that Korea's four major aquaculture species, including seaweed, oysters, abalone, and flounder, are competitive in the global market. On the 25th of last month, the Ministry of Oceans and Fisheries established and announced the ‘Full cycle development plan for core farmed marine products’ to support the entire cycle of domestically representative farmed marine products from production to distribution and export. The ‘Full-cycle development plan for core farmed fish products’ announced this time includes a plan to provide all-round support by preparing specific development plans for each item to quickly respond to changes in domestic and international environments and be competitive in the global market. Seaweed, which achieved exports of $700 million last year, will strengthen diplomatic efforts to have Korea's seaweed product specifications recognized as international standards. This is to alleviate unreasonable non-tariff ...