South Korean minister rejects claim of W80b wasted on Brazilian egg imports

SEJONG — Agriculture Minister Song Mi-ryung rejected claims that the government wasted 80 billion won ($60 million) importing fresh eggs from Brazil, saying the imports actually totaled 1.6 billion won and were intended to diversify supplies. In a post on X, Song said Tuesday that South Korea had imported 1.12 million Brazilian eggs this year, accounting for about 0.8 percent of the country’s total egg imports. She described allegations circulating in some media reports and online posts as false

2026-10-14 17:52:53:00

South Korea, Kazakhstan’s Shin-Line Group partner on food cluster

The Korea Food Industry Cluster Promotion Agency has signed an agreement with Kazakhstan’s Shin-Line Group to support the development of a food industry cluster in Kazakhstan and expand cooperation between food companies in the two countries. The memorandum of understanding was signed at the Four Seasons Hotel in Seoul on Tuesday by the agency's Chairman Kim Deok-ho and Shin-Line Group Chairman Andrei Shin, the South Korean agency said. The agreement follows discussions held during the Korea-Kaz

2026-09-16 10:31:45:00

NongHyup Chairman Kang Ho-dong reelected to lead global agricultural cooperative group

Kang Ho-dong, chairman of South Korea’s National Agricultural Cooperative Federation, has been reelected president of the International Cooperative Agricultural Organization, the federation said Tuesday. Kang secured a new four-year term at the ICAO General Assembly held in Panama City, Panama, on Tuesday. His reelection also returns him to the board of the International Cooperative Alliance, the global body representing cooperatives across industries. The ICAO, established in 1951 as the ICA’s

2026-09-16 10:31:26:00

Korea must weigh CPTPP risks, farm opportunities: minister

South Korea should approach membership in a major Asia-Pacific trade pact cautiously, but joining could also open new global opportunities for Korean agriculture, Agriculture Minister Song Mi-ryung said Thursday. At a news conference in Sejong, Song said the agricultural sector would need to prepare thoroughly for greater import competition while pursuing overseas markets if the government decides to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. The CPTPP is a f

2026-09-11 15:19:55:00

K-food kicks on with showcase at Switzerland's Jungfrau Marathon

The Ministry of Agriculture, Food and Rural Affairs and the Korea Agro-Fisheries & Food Trade Corp. held the first-ever “Run with K-Food” promotional booth at the world-renowned Jungfrau Marathon in Switzerland last week. Now in its 33rd year, the Jungfrau Marathon is considered one of the premier mountain marathons globally, with runners traversing the Swiss Alps against the dramatic backdrop of the Eiger, Monch and Jungfrau peaks. At the booth, aT highlighted a range of K-food products aligned

2026-09-09 14:23:38:00

South Korea’s Oceans Ministry unveils record 2027 budget to drive maritime growth

SEJONG -- South Korea’s Ministry of Oceans and Fisheries has proposed an 82.6 trillion won ($59 billion) budget for 2027, up 10.8 percent from this year, with increased spending planned for fisheries, ports, marine technology and coastal communities. The proposed increase would be the largest annual growth rate in the ministry’s budget since it was reestablished in 2013, the ministry said in a proposal pre-briefing Monday. Under the proposal, 38.8 trillion won would go to fisheries and coastal c

2026-09-01 18:11:34:00

South Korea proposes record W22.2 trillion agriculture budget for 2027

SEJONG — South Korea’s Ministry of Agriculture, Food and Rural Affairs has proposed a record 22.2 trillion won ($16.2 billion) budget for 2027, up 10.4 percent from the previous year, as the government seeks to strengthen farm incomes, modernize agriculture and revitalize rural communities. The ministry said the proposal approved at a Cabinet meeting represents the largest year-on-year increase in both value and percentage terms since 2000. Including debt repayments from agricultural funds, the

2026-09-01 17:38:53:00

Hanwoo producers oppose market opening to Brazilian beef

The Hanwoo Association has launched a campaign opposing the government’s push to expand beef imports through a possible Korea-Mercosur free trade agreement and the opening of the Brazilian beef market. The association’s board of directors passed a resolution last week calling for phased action against what it described as the government’s “beef market liberalization” policy, warning that increased imports from South America could threaten the survival of Korea’s domestic hanwoo industry. The gov

2026-08-24 16:48:28:00

K-meat gains ground in Singapore as hanwoo, handon exports expand

Premium Korean beef and pork are gaining traction in Singapore, as exports make their debut in the market. The Ministry of Agriculture, Food and Rural Affairs and the Korea Agro-Fisheries & Food Trade Corp. (aT) said last week that marketing efforts targeting Singapore’s premium food market have accelerated since quarantine procedures for Jeju Island-produced hanwoo and handon — Korean beef and pork, respectively — were completed in November 2025. As of the end of June, hanwoo exports to Singapo

2026-08-24 16:48:21:00

Busan selected to host 2028 UN Ocean Conference

Busan has been selected to host the 2028 United Nations Ocean Conference, one of the world’s most important high-level gatherings on marine issues. South Korea was designated as the host country for the 2028 conference by the UN General Assembly in December 2025, and the Ministry of Oceans and Fisheries announced Monday the selection after a committee reviewing bids from Busan and Jeju chose South Korea's largest port city. The UN Ocean Conference is held every three years to promote the impleme

2026-08-24 16:06:20:00