AquaGold of Ecuador has signed a three-year exclusive shrimp distribution agreement with China’s Zhanjiang Guolian Aquatic Group, allowing the Chinese company to distribute AquaGold shrimp across China, enhancing the export capacity of Ecuador’s shrimp sector.
Chinese seafood conglomerate Zhanjiang Guolian Aquatic Group has formally entered into a three-year exclusive distribution agreement for the shrimp of Ecuador’s AquaGold, as announced on January 8. This agreement, forged during a ceremonial signing in Zhanjiang, China, is poised to strengthen AquaGold’s presence in the prominent Chinese market. The deal marks a significant step for both companies, allowing Guolian to handle all distribution operations for AquaGold shrimp in China, thus elevating the export capabilities of Ecuador’s seafood sector.
Ecuador is a leading supplier in the global shrimp market, renowned for its high-quality shrimp products. As demand for seafood continues to rise globally, partnerships such as the one established between AquaGold and Guolian are critical for expanding market reach. Guolian, being a significant player in the Chinese seafood industry, is well-positioned to enhance AquaGold’s penetration in China, which is known for its vast seafood consumption.
The exclusive supply agreement between AquaGold and Zhanjiang Guolian Aquatic Group represents a strategic alliance that is likely to benefit both parties significantly. This partnership not only enables AquaGold to further its market penetration in China but also allows Guolian to diversify its seafood offerings. As global demand for shrimp rises, this collaboration positions both companies advantageously within the industry.
Original Source: www.undercurrentnews.com
