South Korea to boost shrimp farming in Sri Lanka

COLOMBO (News 1st) - South Korea is keen to boost shrimp farming in Sri Lanka, it was revealed during a meeting between the South Korean Ambassador and the Fisheries Minister.

The Ministry of Fisheries of Korea recenty made a commitment to invest around US $1.2m to help improve shrimp farming in Sri Lanka through the UN Food and Agriculture Organisation.

South Korean Ambassador Santhush Woonjin Jeong called on Minister of Fisheries Douglas Devananda at the Ministry of Fisheries, in Colombo to discuss more on boosting shrimp farming in Sri Lanka.

They discussed ways to promote exports, expand capacity-building and develop the fisheries industry in Sri Lanka. 

Both parties underscored the importance of strengthening the aquaculture sector in Sri Lanka and agreed to work closely together to deepen cooperation.