Bid to upgrade quality helps increase seafood exports

INDIA - One of the achievements of the Indian seafood industry during last financial year was the quality upgradation it could achieve to improve its business in European Union (E.U.) countries. </b> <br><br> The E.U. continued to be a major market for Indian seafood during last financial year as during 2004-05. The E.U. accounted for 29 per cent of the Indian seafood exports. The total value of exports crossed the $1.5 million mark for the first time last fiscal. The U.S. accounted for 23 per cent of the seafood exports. <br><br> The increase in export of seafood to E.U. destinations is significant because exports to the U.S. had gone up only marginally and to Japan and South-East Asian countries declined. <br><br> There are 157 seafood processing units and 19 frozen cold storages in the country which are approved for exports to the E.U. As a result, India has generally been successful in crossing stiff barriers such as stringent maximum residue level for antibiotic and heavy metals. <br><br> <i>Source: The Hindu</i>

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