{"id":5155,"date":"2023-07-06T10:21:25","date_gmt":"2023-07-06T10:21:25","guid":{"rendered":"https:\/\/ricenewstoday.com\/dev\/?p=5155"},"modified":"2023-07-17T10:22:05","modified_gmt":"2023-07-17T10:22:05","slug":"south-korea-to-help-africa-cut-dependence-on-rice-imports","status":"publish","type":"post","link":"https:\/\/ricenewstoday.com\/dev\/south-korea-to-help-africa-cut-dependence-on-rice-imports\/","title":{"rendered":"South Korea to help Africa cut dependence on rice imports"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><a href=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/07\/image-5.png\"><img decoding=\"async\" src=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/07\/image-5.png\" alt=\"\" class=\"wp-image-131834\"\/><\/a><\/figure>\n\n\n\n<p>SEOUL, July 6 (Reuters) &#8211; South Korea is set to sign an agreement next week with eight African nations to help boost rice production and cut their dependence on imports, Agriculture Minister Chung Hwang-keun told Reuters, amid concerns over food security on the continent.<\/p>\n\n\n\n<p>The move also comes as President Yoon Suk Yeol has pledged to revamp South Korea&#8217;s foreign policy and make it a &#8220;global pivotal state&#8221; playing a more active role around the world.<\/p>\n\n\n\n<p>Under the &#8220;K-Ricebelt Project&#8221;, South Korea will build facilities in Ghana, Guinea, Guinea-Bissau, Gambia, Senegal, Cameroon, Uganda and Kenya to produce rice seeds that better suit local conditions and have yields two to three times higher than domestic varieties, Chung said in an interview this week.<\/p>\n\n\n\n<p>The minister said during several visits to Africa starting late last year officials told him they desperately needed help.<\/p>\n\n\n\n<p>&#8220;It was when food security was a global issue. Rice prices had almost doubled due to supply chain disruptions,&#8221; Chung said, noting how food imports had squeezed the countries&#8217; foreign exchange reserves.<\/p>\n\n\n\n<p>Rice is a staple&nbsp;in West Africa, but local production only meets around 60% of demand, according to the Economic Community of West African States (ECOWAS). This means the region is very exposed to global price volatility and trade disruptions.<\/p>\n\n\n\n<p>An agriculture ministry official said South Korea planned to spend more than 100 billion won ($77 million) on the food project over the next four years, with a goal of distributing 10,000 tonnes of rice seeds every year from 2027.<\/p>\n\n\n\n<p>&#8220;President Yoon Suk Yeol has been very clear about this, that we should come forward to help because we were the ones getting help during the difficult times,&#8221; Chung said.<\/p>\n\n\n\n<p>South Korea has been able to produce enough rice to meet more than 90% of local demand, though still depends heavily on some other food imports.<\/p>\n\n\n\n<p>Agriculture ministers from the eight participating African countries are due to visit Seoul to sign agreements on the project on Monday.<\/p>\n\n\n\n<p>The United Nations&#8217; World Food Programme welcomed the move.<\/p>\n\n\n\n<p>&#8220;The K-Rice project will bring outstanding rice varieties and hope to the small farmers in Africa suffering from the climate crisis,&#8221; Marian Sunhee Yun, the director of WFP Korea Office, said.<\/p>\n\n\n\n<p>($1 = 1,302.3500 won)<\/p>\n\n\n\n<p>Reporting by Soo-hyang Choi; Editing by Ed Davies and Sonali Paul<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEOUL, July 6 (Reuters) &#8211; South Korea is set to sign an agreement next week with eight African nations to help boost rice production and cut their dependence on imports, Agriculture Minister Chung Hwang-keun told Reuters, amid concerns over food security on the continent. The move also comes as President Yoon Suk Yeol has pledged [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5156,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176],"tags":[246],"class_list":["post-5155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-rice-import"],"acf":{"enable_premium_overlay":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>South Korea to help Africa cut dependence on rice imports - Rice News Today<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korea to help Africa cut dependence on rice imports - Rice News Today\" \/>\n<meta property=\"og:description\" content=\"SEOUL, July 6 (Reuters) &#8211; South Korea is set to sign an agreement next week with eight African nations to help boost rice production and cut their dependence on imports, Agriculture Minister Chung Hwang-keun told Reuters, amid concerns over food security on the continent. 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