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PH, Korea extends fishing cooperation accord

On Monday, the Philippines and South Korea signed a memorandum of understanding (MOU) to formalize a food safety agreement for fish and fisheries product exports.

The MOU, according to the Department of Agriculture’s Bureau of Fisheries and Aquatic Resources (DA-BFAR), would strengthen bilateral ties as the two countries work to promote technological breakthroughs.

In an interview with Philippine News Agency, DA Undersecretary for Agro-Industrialization and Fisheries Cheryl Nativadad-Caballero said, “[This is] in terms of Fish Biotechnology, the establishment of Food Safety laboratories, and support for the conservation and management of fisheries projects in Guimaras.”

“The Philippines would be able to improve the reliability of its exports for octopus, eels, and other high-value species anchored on traceability and capture documentation procedures with these recommended critical areas for partnership,” she added.

According to DA-BFAR, the new partnership will also strengthen international cooperation by providing a platform and framework for Korean and Filipino experts to engage in technical consultation and discussions on issues relating to seafood trade, trading sectors, technology transfer, and innovation.

The partnership also aims to improve capture fisheries and aquaculture through technology adoption and development, including postharvest, product value-adding, trade, and coastal and marine fishery management; facilitate the exchange of experiences, information, technologies, and expertise; and promote fisheries trade and business investments between Korea and the Philippines.

Both parties are looking forward to the next Joint Fisheries Committee meeting, which the Philippines plans to host in Manila in mid-2022.

On the occasion of the Republic of Korea-Association of Southeast Asian Nations Commemorative Summit in Busan, DA Secretary William Dar and Korean Ministry of Oceans and Fisheries Minister Seong-hyuk Moon inked the first Philippines-Korea Memorandum MOU on Fisheries Cooperation.

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