New Delhi, July 26 (IANS) The memorandum of understanding (MoU) between India and the Maldives to enhance bilateral collaboration in the fields of fisheries and aquaculture aims to promote sustainable tuna and deep-sea fisheries, strengthen aquaculture and sustainable resource management, foster fisheries-based eco-tourism, and support innovation and scientific research across both the countries, the government said on Saturday.
The Department of Fisheries and the Ministry of Fisheries and Ocean Resources of the Maldives have signed an MoU to enhance bilateral collaboration in the fields of fisheries and aquaculture.
The MoU is part of six MOUs exchanged between India and Maldives during Prime Minister Narendra Modi’s state visit to the island nation, according to Ministry of Fisheries, Animal Husbandry and Dairying.
Key areas of collaboration outlined in the MoU include value chain development, mariculture advancement, trade facilitation, and capacity building within the fisheries sector.
As part of this initiative, the Maldives will scale up its fish processing capabilities by investing in cold storage infrastructure and strengthening the aquaculture sector through hatchery development, improved production efficiency, and the diversification of cultured species.
The collaboration also will facilitate training and knowledge exchange programs, with a focus on capacity building in aquatic animal health, biosecurity screening, aquaculture farm management, and specialised technical fields such as refrigeration, mechanical engineering, and marine engineering to support long-term skills development within the sector.
According to the ministry, the cooperation reflects the shared vision of India and Maldives to build a more resilient, innovative, and sustainable future for the fisheries industry.
Several agreements across diverse sectors were signed which reaffirmed the bilateral partnership between India and Maldives.
These include agreement for a Line of Credit (LoC) of Rs 4,850 crore to the Maldives; amendatory agreement on reducing annual debt repayment obligations of the Maldives on Indian government-funded LoCs; to launch the India-Maldives Free Trade Agreement (FTA)-Terms of Reference; MoU on cooperation in the field of Fisheries and Aquaculture; MoU between the Indian Institute of Tropical Meteorology (IITM), Ministry of Earth Sciences and the Maldives Meteorological Services (MMS), Ministry of Tourism and Environment; and an MoU on cooperation in the field of sharing successful digital solutions implemented at population scale for digital transformation, among others.
—IANS
na/
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
