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Aquaculture

For the fisheries sector, the trade agreement will diversify export markets by eliminating prohibitive tariffs on fish and seafood entering South Korea from Canada. (Image source: Namineni Srinivas/sxc.hu)

South Korea and Canada have recently signed agreement for a bilateral free trade that will help boost aquaculture trade between the two countries, among other investment ties

Pharmaq was first engaged in the development of fish vaccines for Vietnam in 2006. (Image source: Pharmaq)

Norwegian firm Pharmaq has signed a deal with Vietnamese government to develop vaccines for several different farmed fish species in the country

The farm will be located on a 1,300-acre site in Zhongshan on the Pear River Delta in China. (Image source: JVL/Flickr)

China’s Sino Agro Food has signed a deal to build the world’s largest shrimp farm, which will produce 300,000 metric tonnes a year once completed in 20 years’ time

After an epidemic caused by early mortality syndrome (EMS), shrimp quantities dropped in Vietnam resulting in a high demand and price of shrimp. (Image source: Rafael Ortiga Diaz/Flickr)

Vietnam’s largest shrimp producer and exporter Minh Phu Seafood has recorded a 41 per cent increase in profit in 2013

The FAO added that the developing countries continue to play a ‘major role’ in supplying world markets. (Image source: Marx Ilagan/sxc.hu)

Global production from capture fisheries and aquaculture is expected to hit a record 160mn tonnes in 2013, the Food and Agriculture Organization (FAO) announced

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