In June, an MOU to expand exports of Korean food to China based on the so-called “sextic industry” (a combination of agriculture, manufacturing, and tourism industries) was embedded in a contract between MAFRA (the Ministry of Agriculture, Food, and Rural Affairs) and two private electronic commerce associations of China.
The contract was signed at Nonghyup Hanaro Mart located in Yangjae-dong, Seoul, by aT on one side and the Jinpu New District Electronic Commerce Association and Jinpu New District Cross-Border E-Commerce in the Experimentation Area on the other. The purpose of the MOU is to set up a cooperative system for using the Korean sextic industry to increase Korean food exports to China.
According to the contract, MAFRA recommends the best sextic industry products to Chinese partners and the latter offer their assistance in customs clearance and other procedures to ensure successful importation.
Park Sung Eun firstname.lastname@example.org
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