According to the Ministry of Oceans and Fisheries, the Korea Maritime Institute will soon sign an agreement with the FAO to launch a joint study on the aquaculture industry in the North, reports YonhapNewsAgency.
The two parties will study climate conditions in North Korea and find the best species for farming, and based on the outcome of the study, South Korea and the FAO will raise a 30 billion won (US$26.5 million) fund to help build new fish farms in the North, the ministry said.
The aid, however, will likely be delivered by the FAO as Pyongyang continues to be at odds with Seoul over its nuclear programme.
