KCCI Meets with Chair of Agriculture, Fisheries, and Rural Special Committee... "Promoting K-Food"

Discussion on Strategies for Development and Promotion of the Agricultural and Food Industry

The Korea Federation of Small and Medium Business (Kbiz) announced on the 21st that it held a 'Dialogue with Jang Tae-pyeong, Chairman of the Special Committee on Agriculture, Fisheries, and Rural Areas' at the Kbiz headquarters in Yeouido.

The event began with a special lecture by Chairman Jang Tae-pyeong on the theme of 'Strategy for Fostering a $100 Billion Export Food Industry,' followed by a Q&A session and a discussion on current issues in the agriculture and food industry. About 40 representatives of small and medium enterprises from various sectors of the agriculture and food industry, including agricultural machinery, processed foods, and fermented sauces, attended the event.

Chairman Jang emphasized, "The importance of the agriculture and food industry is growing significantly," adding, "In the future, agricultural and marine food products can become Korea's future food industry." He proposed specific strategies for fostering the food industry, including the creation of a Korean-style Food Valley and industrialization of high value-added foods and bio-industries, improvement of the food raw material supply system through the introduction of large-scale farming, and strengthening the export industry support system by enacting the Food Export Promotion Act.

After the presentation, questions were raised regarding measures to attract young talent into agriculture, fisheries, and the food industry, as well as support plans for small and medium enterprises' research and development (R&D) to foster the industry.

During the discussion on current issues, challenges for the development of the agriculture and food industry were addressed. The industry requested policy improvements, including ▲support for subsidies on electric agricultural machinery purchases ▲expansion of byproduct recycling such as fishery shell waste ▲stable securing of imported soybean volumes and expansion of sales channels ▲and measures to stabilize the price of solar salt.

Kim Ki-moon, Chairman of the Korea Federation of Small and Medium Business, stated, "Now that K-Food is gaining popularity, the agriculture and food industry must rise as a new leading export industry for Korea," adding, "To develop and expand exports of agricultural and marine food products, support for small and medium enterprises through inter-ministerial cooperation must be realized."

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