South Korea hopes to more than triple its food and agricultural exports to US$20 billion by 2017 through increased government spending on research and more aid to private companies, the farm ministry said Wednesday. The measures announced by the Ministry of Food, Agriculture, Forestry and Fisheries are also expected to enlarge the value of the country's food industry from 131 trillion won ($111.5 billion) in 2009 to 245 trillion won in 2017.
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