Minister of Agriculture, Food and Rural Affairs Song Mi-ryung speaks during a press conference at the ministry's office in Sejong, Monday. Courtesy of Ministry of Agriculture, Food and Rural Affairs
Korea will expand exports to Vietnam to include the country’s entire meat market, a step up from Cheong Wa Dae’s announcement last week that the two nations had reached a quarantine agreement for Korean poultry exports to the Southeast Asian economy.
In addition to meat products, Korean Agriculture, Food and Rural Affairs Minister Song Mi-ryung said Monday that bilateral trade will accelerate further by trading more fruit and exporting Korean food items to companies in Vietnam that operate canteens.
Song said the Korean government is currently negotiating with Vietnam over Korean exports of heat-treated pork, hanwoo (Korean beef), duck and lamb. All of them have reached their third stage of discussion, she added.
The minister said 13 Korean firms including Lotte, Maniker and NongHyup Moguchon have shown interest in expanding their global markets to Vietnam, as discussions continue to work toward new memorandums of understanding (MOUs).
“The Vietnamese meat market is incredibly huge. Some of the Korean firms said mixing poultry and pork together produces better flavors. If the ongoing MOU negotiations reach a quarantine agreement, our livestock exports will definitely accelerate,” Song said during a press conference at the ministry’s offices in Sejong.
Song, who visited Vietnam from Tuesday to Thursday last week alongside President Lee Jae Myung’s state visit to the country, said she and Vietnamese Minister of Agriculture and Environment Trinh Viet Hung agreed to exchange local fruits grown in the two different climate conditions.
Korean Minister of Agriculture, Food and Rural Affairs Song Mi-ryung, right, shakes hand with Vietnamese Minister of Agriculture and Environment Trinh Viet Hung after signing a memorandum of understanding on veterinary and animal quarantine practices in Hanoi, last Wednesday. Courtesy of Ministry of Agriculture, Food and Rural Affairs
“The Vietnamese minister suggested, ‘Wouldn’t it be great if we traded fruit since our climates are so different?’ So I proposed that Korea export kiwi and satsuma oranges. My counterpart mentioned lychee and passionfruit. This kind of mutually beneficial agricultural trade, hinging on differences in climate, is underway,” Song said.
“I also saw to it that our Korean melon export to Vietnam extend its trade closing month from May to June to increase its overall volume. We requested that to the Vietnamese government and it took only two days for them to get back to us with an agreement,” she added. Vietnam imported the world’s second-highest volume of the fruit — totaling $295,000 — last year, the first year Korean melons were exported there.
Source: Korea Times News
