South Korea: Government to hold large-scale seafood discount event during kimchi-making season

We are also promoting the release of sea salt from government reserves and tariff-free supply of mackerel. The Ministry of Oceans and Fisheries is expanding the supply of sea salt and holding discount events for seafood to stabilize prices during the kimchi season. The Ministry of Oceans and Fisheries is promoting multifaceted measures to stabilize prices of fishery products as the ‘2023 Measures to Stabilize Supply and Demand of Kimchi Materials’ containing these contents was confirmed at the Emergency Economic Ministers’ Meeting chaired by the Deputy Prime Minister for Economy and Finance on the 2nd. First, the government plans to supply up to 10,000 tons of government-stored sea salt, both domestic and imported, to the market in order to lower the price of sea salt, one of the main ingredients for kimchi, to below last year's level. First, from the 1st of this month to the 15th of next month, up to 5,000 tons of sea salt from domestic government reserves will be supplied ...