Alarmed by seafood demand in Brazil, China, Japan trading houses investing abroad to assure sourcing
SEAFOODNEWS.COM [JAPAN REPORTS] Tokyo Aug 21, 2014
Major Japanese trading houses are moving to expand overseas fisheries business with the aim to secure fishery resources.
Big Japanese trading firms are now stepping up their efforts to secure fishery resources and develop overseas market.
It has been made clear that Mitsubishi Corporation has acquired additional marine farming rights for raising salmon in Chile.
Mitsui & Co. will launch into Chinese market in tie-up with major seafood wholesalers at Sapporo market through its subsidiary.
At present, fish consumption continues to expand around the globe against the backdrop of booming Japanese cuisines, while competition for wild fishery resources is getting harsh mainly because of tightened fisheries regulations in many parts of the world.
Large Japanese trading companies are now groping for ways to ensure stable supply of fish to Japan by ensuring resources...
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