![]() Online edition of India's National Newspaper Sunday, Mar 05, 2006 |
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Business
Staff Reporter
KOCHI: A business delegation from the Faroe Islands, led by its Prime Minister Joannes Eidesgaard, has said that the Islands' advanced seafood processing industry was keen to cooperate with India in several areas. The team visited the office of the Marine Products Export Development Authority (MPEDA) on Thursday during which G. Mohan Kumar, the Chairman of the MPEDA, said that India had had unused processing capacity and that this could be used by business in the Faroe Islands that had abundant fish landings. The Faroe Islands is in the North Atlantic and is part of the Kingdom of Denmark and a self-governing administrative division. Mr. Mohan Kumar referred to about only 20 per cent of the processing capacity being utilised in the country. He also said that there was scope for cooperation between India and the Faroe Islands in areas such as tuna fishing and deep-sea trawling. India had tuna resources to the tune of 200,000 tonnes that still remained under exploited, he said. Cooperative ventures could be developed in aqua culture and cage culture. President of the Seafood Exporters' Association of India (SEAI) A. J. Tharakan said there was scope for using India's capacity for processing, its skilled and cheap manpower.
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