"EU a ready market for processed food"

The Fish Site
by The Fish Site
21 November 2006, at 12:00am

INDIA - Despite the protectionist trade barriers under negotiation in the World Trade Organisation, the European Union provides a ready market for India's processed food exports, D. Kebschull, Chief Programme Coordinator of the European Union-India Trade and Investment Development Programme (TIDP), has said.

Speaking at an interactive session organised by the TIDP along with the Export Inspection Council of India and the Southern India Chamber of Commerce and Industry, Dr. Kebschull said developing the export potential of the primary agricultural sector was essential to take India's economic growth story to its large rural population.

With a coastline of 8,000 kilometres, India's aquaculture and marine products sectors also had high export potential for the EU.

Elias Sait, President of the Seafood Exporters Association of India, said aquaculture development needed to be expanded to 1.5 million hectares, while the product basket must be diversified from the current emphasis on shrimps to include more crustaceans, cephalopods and fish products.

Source: The Hindu