6 months ago
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The Parliamentary Standing Committee connected Commerce held a gathering with cardinal stakeholders, present connected Tuesday, to reappraisal India–US commercialized relations, focusing connected the interaction of retaliatory tariffs imposed by the United States connected India’s fisheries and marine products sector.
The gathering was held nether the chairmanship of Dola Sen, chairperson of the Committee. Visakhapatnam MP Mathukumilli Sribharat, erstwhile Union Minister Renuka Chowdhury, and a delegation of 15 Members of Parliament participated successful the deliberations.
Addressing the gathering, Mr. Sribharat urged authorities institutions and regulatory bodies to widen coordinated enactment to assistance the fisheries manufacture flooded the challenges arising from dense dependence connected the US market. He emphasised the request to support the livelihoods of lakhs of fishermen, farmers, and workers associated with the marine exports sector.
In the backdrop of US retaliatory tariffs connected Indian marine products, helium advised manufacture representatives to diversify export destinations, research alternate planetary markets, and modernise operations successful enactment with planetary standards to stay competitive.
MPEDA Chairman D.V. Swamy gave a presumption connected the interaction of US tariffs connected the marine products sector. He highlighted that with a reciprocal tariff basal complaint of 50%, combined with anti-dumping work of 2.49% and countervailing work of 5.77%, the full work load has risen to 58.26%, posing a superior menace to the planetary competitiveness of Indian shrimp exports.
Representatives of the Fishing Boat Owners Association, Central Institute of Fisheries Technology (CIFT), Central Marine Fisheries Research Institute (CMFRI), Department of Fisheries, Government of Andhra Pradesh, Marine Products Export Development Authority (MPEDA), Department of Commerce, Export Inspection Council, National Fisheries Development Board (NFDB), Visakhapatnam Chamber of Commerce, Seafood Exporters Association of India, All India Shrimp Hatcheries Association and Society of Aquaculture Professionals, on with officials from EXIM Bank, Union Bank of India, and NCGTC shared their views and offered suggestions connected imaginable remedial measures.
The Committee assured stakeholders that their concerns and suggestions would beryllium duly considered and incorporated into its recommendations to the Government of India, with the nonsubjective of strengthening India’s fisheries exports and safeguarding the assemblage from adverse planetary commercialized measures.
