Act on Fostering and Supporting Rural Convergence Industry Country/Territory Korea, Republic of Document type Legislation Date 2014 (2022) Source FAO, FAOLEX Subject Agricultural & rural development Keyword Farming Agricultural development Financial agricultural measures Business/industry/corporations Rural employment Family farming Community management Policy/planning Inspection Certification Institution Research Gender Offences/penalties Geographical area Asia, Asia and the Pacific, East Asian Seas, Eastern Asia, North Pacific, North-West Pacific Abstract The purpose of this Act is to contribute to increasing the income of farmers and residents in rural communities, as well as, developing the national economy through the establishment of a foundation for turning agriculture into a higher value-added industry and the promotion of the development of the agricultural business, rural community, and rural economy by prescribing matters necessary to foster and support the rural convergence industry. Both the State and local governments shall establish and implement policies necessary for the sustainable development of the rural convergence industry. In order to systematically implement the basic plan and to professionally promote and support the rural convergence industry, the Minister of Agriculture, Food and Rural Affairs may designate an institution which meets the predetermined standards prescribed by Presidential Decree, such as dedicated human resources, organizations, as a specialized institution to support the rural convergence industry. The State and local governments may provide preferential support to women in rural communities in relation to the rural convergence industry. The text consists of 43 articles. Full text English Website elaw.klri.re.kr