Seoul to ex­pand ma­rine life re­search in EEZ

The Korea Times - - BUSINESS -

Ko­rea’s ocean min­istry on Mon­day said it will ex­pand its ma­rine life re­search ac­tiv­i­ties in the coun­try’s ex­clu­sive eco­nomic zone (EEZ), as part of its ef­forts to se­cure and uti­lize new ma­rine life re­sources.

The Min­istry of Oceans and Fish­eries said South Ko­rea has an ad­van­ta­geous po­si­tion in the ma­rine in­dus­try as it is sur­rounded by oceans on three sides and boasts top-notch tech­nol­ogy in­fra­struc­ture.

How­ever, it has been mak­ing slug­gish progress in the seg­ment due to its weak uti­liza­tion of such re­sources.

Un­der the 2019-2023 scheme, the min­istry plans to ex­pand its re­search of ma­rine re­sources from coastal ar­eas to cover the coun­try’s EEZ through 2023 and adopt var­i­ous in­ves­ti­ga­tion meth­ods, in­clud­ing gene anal­y­sis, to ef­fec­tively study deeper into ma­rine re­sources.

An EEZ is a sea zone over which a coun­try has spe­cial rights re­gard­ing the ex­plo­ration and use of ma­rine re­sources. It stretches out 200 nau­ti­cal miles from the coast­line.

“The plan is sig­nif­i­cant as it is the first step to sys­tem­at­i­cally and ef­fec- tively cope with the in­ten­si­fy­ing global com­pe­ti­tion in se­cur­ing life re­sources,” the min­istry said.

The min­istry said it will im­ple­ment what it calls the grad­ing sys­tem of fish­eries and ma­rine life re­sources, giv­ing more pri­or­ity to vi­tal as­sets and ban­ning them from be­ing shipped over­seas.

The gov­ern­ment will also pro­vide in­for­ma­tion on the coun­try’s ma­rine re­sources through the Ma­rine Bio-Re­source In­for­ma­tion Sys­tem plat­form to lo­cal com­pa­nies and re­search in­sti­tutes.

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