South Korea Council holds Uruguay investment briefing session

Published 2023년 11월 6일

Tridge summary

The 9th Information Session to Revitalize Overseas Fisheries Investment was held at BEXCO during the International Fisheries Expo. The event, commissioned by the Ministry of Oceans and Fisheries, focused on providing investment information for Korean industries interested in Uruguay's fishing industry. Uruguay has abundant fishery resources and the government is committed to developing the industry, making it an attractive prospect for Korean deep-sea fishing boats, especially during the COVID-19 pandemic when other South American countries have closed their borders.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In line with the opening ceremony of the International Fisheries Expo, it was announced that the ‘9th Information Session to Revitalize Overseas Fisheries Investment’ was held at BEXCO from 3:30 to 6 pm on the 1st. This event is a project commissioned by the Ministry of Oceans and Fisheries to support overseas expansion, and one country is selected every year to deliver investment information related to that country to interested Korean industries. At this briefing, the Director of Uruguay's Fisheries Agency was invited to explain the current status of Uruguay's fishing industry, related systems, foreign investment incentives and partners, and precautions for investment. Uruguay is rich in fishery resources such as squid and toothfish, and the government has a strong will to develop the fishery industry. Montevideo Port, the capital of Uruguay, is also an advanced base for deep-sea fishing, serving as the home port for about 40 Korean deep-sea fishing boats operating in the ...

Source: Fisheco