Indiaโs fisheries and aquaculture sector is seeing a strategic leap forward through two major developments:
IndiaโUK Free Trade Agreement
MoU with the Maldives on Fisheries Cooperation
Whatโs New?
Duty-Free Access to UK under the CETA deal is expected to boost Indian seafood exportsโespecially shrimpโby up to 70% over the next few years.
MoU with Maldives focuses on:
Sustainable tuna fishing
Deep-sea fisheries development
Aquaculture & processing infrastructure
Joint R&D & knowledge exchange
Fisheries eco-tourism
Why This Matters:
India exported seafood worth โน60,523 crore in 2024โ25
UK imported just โน879 croreโhuge headroom for growth
Exporters gain new access to high-value markets
Industry can strengthen traceability, standards & competitiveness
Opens doors to deep-sea fishing and Blue Economy partnerships
These agreements are more than tradeโtheyโre catalysts for transforming Indiaโs position in the global seafood and aquaculture value chain.
Letโs gear up for the next phase of innovation, sustainability, and export excellence.
๐๐ถ๐ด ๐ช๐ถ๐ป๐ ๐ณ๐ผ๐ฟ ๐๐ป๐ฑ๐ถ๐ฎ๐ป ๐๐ถ๐๐ต๐ฒ๐ฟ๐ถ๐ฒ๐: ๐จ๐ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ ๐๐ฒ๐ฎ๐น + ๐ ๐ฎ๐น๐ฑ๐ถ๐๐ฒ๐ ๐ ๐ผ๐จ ๐ฆ๐ฒ๐ ๐๐ผ ๐๐ผ๐ผ๐๐ ๐๐ ๐ฝ๐ผ๐ฟ๐๐ & ๐๐น๐๐ฒ ๐๐ฐ๐ผ๐ป๐ผ๐บ๐ ๐๐ฟ๐ผ๐๐๐ต.
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