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Special Coast Guard Unit to Fend Off Illegal Chinese Fishing

Special Coast Guard Unit to Fend Off Illegal Chinese Fishing

INCHEON, Jan. 12 (Korea Bizwire) – A special unit of the South Korean Coast Guard will soon launch, with its mandate specifically dedicated to protecting western seas off the coast of Incheon from illegal Chinese fishing operations.  According to the Central Regional Headquarters Korea Coast Guard, 331 coast guard personnel will be assigned to the [...]

Finless Porpoise Under Siege in Korean Seas

Finless Porpoise Under Siege in Korean Seas

ULSAN, Jan. 12 (Korea Bizwire) – Korean waters have become dangerous habitat for finless porpoises, sometimes referred to in Korea as “smiling whales” for their grinning faces.  According to the Ulsan Coast Guard, a total of 9,710 whales died in the five-year period from 2011 to 2015 from either illegal poaching or unintended catch in [...]

S. Korea Sets up Quarantine System Allowing for Fresh Egg Imports for First Time

S. Korea Sets up Quarantine System Allowing for Fresh Egg Imports for First Time

SEJONG, Jan. 9 (Korea Bizwire) – South Korea has established quarantine and hygiene procedures, allowing for fresh eggs to be imported from the United States in order to stabilize soaring egg prices stemming from the worst outbreak of avian influenza, the government here said Monday.  “The government announced the removal of import tariffs on eggs [...]

No More Eggs for Soldiers as Prices Soar

No More Eggs for Soldiers as Prices Soar

SEOUL, Jan. 6 (Korea Bizwire) – Skyrocketing egg prices resulting from Korea’s record bird flu outbreak are now affecting the diet of 640,000 soldiers, with egg supply plummeting in recent weeks.  The National Agricultural Cooperative Federation, Nonghyup, is currently responsible for all eggs provided to the military, but had to reduce its supply by roughly [...]

Latin American Floods Trigger Cooking Oil Crisis in Korea

Latin American Floods Trigger Cooking Oil Crisis in Korea

SEOUL, Jan. 4 (Korea Bizwire) – Last year’s floods affecting key soybean producers in Latin America, including those in Argentina, led to a drop in the soybean harvest, which is now crippling the supply of business-to-business cooking oil in Korea – further pressuring food businesses that are already suffering from soaring egg prices from the [...]

S. Korea, China Agree to Tougher Crackdown on Illegal Fishing in Fisheries Agreement

S. Korea, China Agree to Tougher Crackdown on Illegal Fishing in Fisheries Agreement

SEOUL, Dec. 30 (Korea Bizwire) – South Korea and China have reached a deal on their annual fisheries agreement that will set their fishing quota in each other’s exclusive waters and also require additional measures, especially by Beijing, to crack down on illegal fishing by Chinese boats, the Seoul government said Friday.  The agreement was [...]