Choo Kyung-ho Visits Noryangjin Fish Market: "80 Billion Won in Reserve Funds to Boost Seafood Consumption"

Choo Kyung-ho, Deputy Prime Minister and Minister of Economy and Finance, stated on the 20th, "We will invest the largest budget ever, including a reserve fund of 80 billion won, to revitalize seafood consumption."

On the same day, Deputy Prime Minister Choo visited the Noryangjin Fish Market in Dongjak-gu, Seoul, along with key officials from the Ministry of Economy and Finance to inspect the seafood consumption and supply situation.

At the site, the Deputy Prime Minister emphasized, "To promote the consumption of our seafood, we will significantly expand the scale of seafood discount support and the issuance of seafood-exclusive mobile Zero Pay gift certificates by investing an additional 80 billion won in reserve funds on top of the 64 billion won budget allocated this year."

Earlier, the government increased the seafood discount support rate until the end of the year: traditional markets from the existing 30% to 40%, large marts both online and offline from 20% to 30%, and the issuance scale of seafood-exclusive mobile Zero Pay gift certificates usable in markets was raised from a maximum of 3.5 billion won per month over four weeks before Chuseok to 8 billion won.

Deputy Prime Minister and Minister of Economy and Finance Choo Kyung-ho visited Noryangjin Fisheries Wholesale Market in Yeongdeungpo-gu, Seoul, on the 20th, purchasing seafood and checking consumption trends while listening to difficulties.

Deputy Prime Minister Choo visited seafood retail stores to purchase domestic seafood directly using Onnuri gift certificates and requested thorough preparation at the Onnuri gift certificate refund event sites to ensure no inconvenience for consumers.

He emphasized, "The government budget for next year has more than doubled to 133.8 billion won for seafood consumption revitalization, and we will continue to support the promotion of seafood consumption."

He added, "Starting next year, we will establish a hygienic safety system in the seafood distribution stage by adding three more low-temperature and eco-friendly wholesale markets for hygienic seafood distribution, and expand the implementation of the seafood traceability system to create an environment where consumers can safely consume seafood."

The government plans to strengthen supply management by releasing about 2,800 tons of stockpiled seafood, including pollock (1,808 tons) and squid (378 tons), whose prices have risen so far.

This content was produced with the assistance of AI translation services.