The talks will be held in Iran from Thursday involving officials from South Korea's Ministry of Oceans and Fisheries and their Iranian counterparts.
The talks will discuss follow-up measures for a memorandum of understanding for cooperation in the fisheries area signed in May during South Korean President Park Geun-hye's visit to the Middle Eastern country.
|South Korean Foreign Minister Yun Byung-se (left) exchanges documents with Iran's agriculture minister after they signed an MOU on bilateral fisheries business cooperation in Tehran on May 2. (Yonhap)|
Iran is already the largest fish farming nation in the Middle East, annually producing some 325,000 tons of fishery products through farming, the ministry said in a press release.
South Korea is the world's seventh-largest fish farmer.
In 2015, Iran purchased 155,000 tons of fishery products, worth $21 million, from South Korea.
"A joint venture in the Iranian market will not only provide an opportunity for our fish farming industry to leap forward, but it may also help create a Korean wave of fishery products in Iran," the ministry said. (Yonhap)