Ecuador’s AquaGold has signed a three-year exclusive shrimp supply deal with China’s Zhanjiang Guolian Aquatic Group, granting Guolian distribution rights in China. This agreement aims to expand AquaGold’s market access in the burgeoning Chinese seafood market.
Ecuador’s AquaGold has entered into a three-year exclusive agreement with the Zhanjiang Guolian Aquatic Group, a prominent Chinese seafood company, granting Guolian exclusive distribution rights for AquaGold shrimp within the Chinese market. This significant partnership was announced during a signing ceremony held in Zhanjiang, China, marking a noteworthy milestone for Ecuadorian shrimp exports. The deal facilitates the introduction and distribution of AquaGold’s shrimp products to a broader audience, capitalizing on Guolian’s established distribution network in China.
Ecuador is renowned for its high-quality shrimp export industry, ranking among the top suppliers globally. The Asian market, particularly China, represents a significant opportunity for growth in this sector. Guolian, as a major player in the seafood industry, has the infrastructure and market reach necessary to enhance AquaGold’s presence in China. This agreement signifies a strategic collaboration aimed at bolstering Ecuador’s shrimp exports and catering to the growing demand in China for premium seafood products.
In conclusion, the exclusive supply agreement between Ecuador’s AquaGold and China’s Zhanjiang Guolian Aquatic Group represents a strategic maneuver that could substantially enhance AquaGold’s market share in China while promoting Ecuador’s shrimp industry. Through this collaboration, both parties stand to benefit, potentially leading to increased sales and brand recognition in the competitive seafood landscape.
Original Source: www.undercurrentnews.com
