India aims to double marine product exports to Rs 1 lakh crore in the next five years from the present around Rs 50,000 crore, Union Minister of Commerce and Industry, Food & Public Distribution and Textiles Piyush Goyal has said.He was .
New Delhi, June 7 (IANS): India aims to double marine product exports to INR 1 lakh crore in the next five years from the present around INR 50,000 crore, Union Minister of Commerce and Industry, Food & Public Distribution and Textiles Piyush Goyal has said. He was speaking at an event in Kochi on Monday. “This target will be achieved through sustainable fishing, ensuring quality and variety, promotion of coastal shipping and aquaculture, and by supporting the entire fisheries ecosystem,” said Goyal, addressing the mediapersons at the Marine Products Export Development Authority (MPEDA), Kochi. At the event, K N Raghavan, Chairman of MPEDA, presented a road map to achieve the export turnover of INR 1 lakh crore. Goyal further said that the Free Trade Agreements have been finalised with the UAE and Australia, while negotiations are in progress for such an agreement with the UK and Canada. The minister said negotiations to reach an FTA with the EU will begin in Brussels o
Goyal inaugurated various infrastructure projects at the Cochin Special Economic Zone (CSEZ) including a 13-storey office space for new entrepreneurs and an effluent treatment plant.
Get latest articles and stories on India at LatestLY. Union Commerce and Industry Minister Piyush Goyal on Monday said the negotiation to reach a free trade agreement (FTA) with the European Union will begin from June 17 at Brussels in Belgium. India News | Talks to Reach FTA with European Union to Begin on June 17: Piyush Goyal.