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Korean government to accelerate smart farming exports

The government will launch a team of agriculture and trade authorities to help accelerate the export of smart farming, the rural affairs ministry said on Wednesday, the 14th of September.

The move is a follow-up to a collective request by local farmers made during an export fair held in August. Most said the government should help the farmers identify stable sources of sales and strategies to keep up with rapidly changing market demands. Comparative analysis to fortify their competitive edge in the global market should follow, backed by aid to resolve legal and tax issues abroad, which are often very different from in Korea, they say.

The Ministry of Agriculture, Food and Rural Affairs said eight government organizations will form a working group to better promote exports of smart farming.

Among the eight organizations are the Rural Development Administration, the Korea Trade-Investment Promotion Agency (KOTRA), and six other state-run agricultural organizations and research institutes.

The ministry, for example, will help Nexton, a local smart farm venture, to identify buyers in Canada and the Middle East after they build farms that can produce a combined $27 million worth of vegetables and strawberries.

Read the complete article at www.koreatimes.co.kr.

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