News

Kim's bidding and consulting conference: The largest export contract in history of South Korea

Frozen Seaweed
Seafood
South Korea
Published Jun 12, 2023

Tridge summary

The Korea Fisheries Trade Association bid-consultation opening ceremony. Korean seaweed is the world's No. 1 product in market share, and exports are increasing every year. For the sustainable development and globalization of the seaweed industry, the 'Act on Fostering and Supporting the Seaweed Industry' was enacted on December 22, 2021. Bae Gi-il, chairman of the Korea Fisheries Trade Association, said, "We expect to strengthen the competitiveness of the seaweed industry and increase fishery income through the preparation of legal grounds for fostering and supporting the seaweed industry." Chairman Bae said, “If systematic support and management are provided to export processing companies, such as farm management and scientific infrastructure establishment through the cultivation, production and support of laver seeds in the basic plan for the promotion of the laver industry, it is expected that exports will increase.”

Original content

The Korea Fisheries Trade Association bid-consultation opening ceremony. Korean seaweed is the world's No. 1 product in market share, and exports are increasing every year. For the sustainable development and globalization of the seaweed industry, the 'Act on Fostering and Supporting the Seaweed Industry' was enacted on December 22, 2021. Bae Gi-il, chairman of the Korea Fisheries Trade Association, said, "We expect to strengthen the competitiveness of the seaweed industry and increase fishery income through the preparation of legal grounds for fostering and supporting the seaweed industry." Chairman Bae said, “If systematic support and management are provided to export processing companies, such as farm management and scientific infrastructure establishment through cultivation, production, and support of seaweed seeds in the basic plan for the promotion of the seaweed industry, we expect exports to increase.” “The amount of seaweed export is currently reaching about 700 million ...
Source: Donga
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