Ministry of Oceans and Fisheries announces plan to foster key aquaculture products throughout the cycle in South Korea

Published Jan 30, 2024

Tridge summary

The Korean Ministry of Oceans and Fisheries has launched a comprehensive plan to boost the production, distribution, and export of key farmed marine products, including seaweed, oysters, abalone, and flounder. The initiative aims to increase domestic consumption and global exports by strengthening the seaweed aquaculture industry, expanding premium oyster exports, developing diverse processing methods for abalone, and revitalizing the flounder processing industry, thereby enhancing their competitiveness in the global market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Ministry of Oceans and Fisheries established a 'full-cycle promotion plan for core farmed marine products' to support the entire cycle from production to distribution and export, focusing on increasing consumption and export of Korea's representative farmed marine products such as seaweed, oysters, abalone, and flounder, on the 26th of last month. announced. In order to quickly respond to changes in the external environment surrounding farmed marine products, the Ministry of Oceans and Fisheries selected seaweed, oysters, abalone, and flounder as four core products with production and consumption bases, and specified specific details for each item to ensure that these products are competitive in the global market. We plan to prepare a development plan and provide all-round support. First, the seaweed aquaculture industry will strengthen diplomatic efforts to have Korea's seaweed product specifications recognized as international standards and alleviate unreasonable non-tariff ...
Source: Aflnews

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