Ecuador’s AquaGold has entered into a three-year exclusive distribution agreement with China’s Zhanjiang Guolian Aquatic Group for shrimp products. This accord will enhance AquaGold’s market presence in China, leveraging Guolian’s extensive seafood distribution network.
On January 8, it was announced that Zhanjiang Guolian Aquatic Group, a prominent Chinese seafood corporation, has attained exclusive distribution rights for AquaGold shrimp from Ecuador in China through a significant three-year agreement. This partnership was formalized during a signing ceremony held in Zhanjiang, China, solidifying AquaGold’s presence in the Chinese market. This development highlights a strategic collaboration between Ecuadorian aquaculture and the expansive Chinese seafood distribution network.
Ecuador is recognized as one of the leading producers of shrimp globally, particularly in the high-value market segment. The country’s shrimp is highly sought after for its quality and flavor, positioning it as a favored choice among seafood consumers worldwide. The partnership between AquaGold and Guolian is indicative of Ecuador’s efforts to expand its seafood reach into lucrative international markets, particularly in Asia where shrimp consumption continues to rise. Guolian, known for its extensive distribution networks across China, will enhance the accessibility of AquaGold products, benefiting both companies in terms of market penetration and revenue growth.
In summary, the exclusive supply agreement between AquaGold and Zhanjiang Guolian Aquatic Group marks a significant milestone for the Ecuadorian shrimp industry. This collaboration not only secures a vital distribution channel in one of the largest seafood markets globally but also enhances AquaGold’s competitive positioning in the international aquaculture sector. The agreement stands to benefit both parties significantly as the demand for high-quality shrimp continues to increase.
Original Source: www.undercurrentnews.com
