Support for kiwi’s ‘FTA Fund’ scheduled to be implemented next year in South Korea

Published 2023년 12월 15일

Tridge summary

The Ministry of Agriculture, Food and Rural Affairs is promoting a plan to modernize facilities on Jeju Island with a total budget of 2.5 billion won, including national expenses. There are concerns about whether domestically grown varieties of kiwi are being given up on in favor of overseas varieties supported by the FTA fund project, leading to protests from growers. Conflicts and disputes have arisen between farmers growing different kinds of kiwifruit, raising issues about business support targets and equity in the industry.

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

Original content

[Korea Farmers and Fishermen Newspaper Reporter Kang Jae-nam] Ministry of Agriculture, Food and Rural Affairs promotes it for all farms Prepare a plan to modernize Jeju Island facilities Total budget of 2.5 billion won, including national expenses “Are we giving up on cultivating domestically grown varieties?” Protests from growers such as Halla Sweet “Overseas varieties should not be excluded” Zespri and farmers raise the issue of equity While support for Kiwi items is scheduled to be provided through the FTA fund project starting next year, there is noise about the target of support even before the start. According to the Jeju Special Self-Governing Province, the Ministry of Agriculture, Food and Rural Affairs plans to temporarily promote FTA fund project support projects for all kiwifruit farms starting next year, regardless of whether they have a shipment agreement or not, including management companies that do not participate in the integrated production and distribution ...

Source: Agrinet