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Ministry of Oceans and Fisheries - Fisheries Cooperative, strengthening global competitiveness... ‘All-out effort’ to expand seafood exports

Seafood
Market & Price Trends
Innovation & Technology
Published Feb 22, 2024

Tridge summary

The Ministry of Oceans and Fisheries, in collaboration with the National Federation of Fisheries Cooperatives, is working to expand seafood exports and diversify export markets. This includes the opening of the Paris Trade Support Center to facilitate entry into European markets and support domestic marine products. The initiative will also expand international expo and trade consultation projects, and support the development of high value-added processed fishery products. The National Federation of Fisheries Cooperatives has secured a budget of KRW 13.8 billion for overseas market development projects, marking an increase from the previous year.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The Ministry of Oceans and Fisheries and the National Federation of Fisheries Cooperatives are providing all-out support to expand seafood exports. As part of this, the Fisheries Cooperative is promoting the opening of the Paris Trade Support Center this year to support entry into new European markets. The Overseas Trade Support Center has been operating in 10 locations in 7 countries, mainly in the Asian region, including major export countries such as the United States, China, and Japan, making it difficult to respond in a timely manner to exporters' demands for support in entering the European market. In particular, for exports to Europe, there were many inquiries about export support from domestic exporters due to the difficult import procedures for each country. Therefore, the plan is to accelerate the diversification of export markets and export support for domestic marine products by establishing an export support base in Europe through the opening of the Paris Trade ...
Source: Aflnews
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