Framework Act on Fishers and Fishing Villages Development.

The purpose of this Act is to promote sustainable development of the fisheries and fishing villages and contribute to improving the life quality of the people and economic development by prescribing directions for fisheries and fishing villages and fundamental matters necessary for direction-setting for the State’s policy.
The Minister of Oceans and Fisheries shall formulate every five years a master plan for development of fisheries and fishing villages for sustainable development of fisheries and balanced development and preservation of fishing villages. To maintain a local community and stabilize fishing villages, the State and local governments shall formulate and implement the policies necessary for improvement of productivity and stabilized management of family labor-focused fishery households, and for expansion, specialization and cooperation, etc. of fishing villages. In order to raise funds necessary for supporting management of fisheries, improving marine products distribution system, stabilizing price and fostering competitive fisheries, the Government shall establish a Fishery Development Fund.