Last month, Norway signed a historic free trade agreement with India whereby numerous products will be experimented a gradual reduction to zero customs duty over a period of five years.
Moreover, other products will get an immediate elimination of customs duties, while others several reductions over seven or ten years.
Therefore, it is worth asking how Norway will tackle this new scenario, which could be highly beneficial for its exports and aquaculture sector, considering that only China and Indonesia have a higher total seafood consumption than India.
ASEAN has become Vietnam’s fourth largest seafood export market amid local seafood exports to the Philippines, Indonesia, and Brunei recording a sharp annual increase in January, according to the Ministry of Industry and Trade (MoIT).