Saturday, 14 Nov 2026 Breaking: "Don't believe so": US Transportation Secy rules out cyberattack in FAA outage; aviation chief says no AI link
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

Seychelles seeks fisheries, aquaculture MoU with India to deepen blue economy cooperation

Seychelles seeks fisheries, aquaculture MoU with India to deepen blue economy cooperation

New Delhi [India], August 26 (ANI): Seychelles has expressed interest in accelerating a bilateral Memorandum of Understanding (MoU) with India focused exclusively on fisheries and aquaculture, as the two countries explore wider cooperation in marine research, technology and the blue economy, the Ministry of Fisheries, Animal Husbandry and Dairying said in a release.
The proposal emerged during a high-level bilateral meeting held on August 25 between officials from India and Seychelles, where both sides discussed an advanced work plan and institutional mechanisms to turn existing cooperation into concrete projects.
The Seychelles delegation, led by Minister of Fisheries, Agriculture and Blue Economy Wallace Cosgrow, and the Indian delegation, led by Department of Fisheries Secretary Abhilaksh Likhi, reviewed existing frameworks and explored new areas of cooperation.
The discussions covered marine aquaculture, modern hatcheries, tuna fisheries, fish stock assessment, post-harvest technology and marine conservation. The two sides also identified opportunities for knowledge transfer through technical studies, fisheries extension services and institutional training programmes.
Digital technology emerged as another area of potential cooperation, with both sides discussing fisheries data systems and monitoring, control and surveillance infrastructure. They also explored the use of artificial intelligence in harvest management, along with opportunities to improve tuna processing, product diversification and sustainable fish waste management.
The two countries agreed on the need for a structured annual work plan, regulatory alignment, faster commercialisation of joint scientific research, reciprocal laboratory access and jointly designed pilot projects to support long-term cooperation.
The ministry said both sides viewed fisheries and the wider blue economy as important for economic growth, rural employment, sustainable development and food and nutritional security in the Indian Ocean Region.
India shared its recent achievements in the sector, including national fish production of 19.7 million tonnes and seafood exports worth USD 8.46 billion. It also highlighted initiatives focused on sustainable fisheries management, responsible harvesting and technology-driven infrastructure.
Looking ahead, both sides emphasised mutual exposure visits, specialised technical exchanges and greater use of national Centres of Excellence to strengthen institutional capacity and share best practices.
The meeting concluded with a shared focus on developing result-oriented action plans aimed at strengthening long-term maritime cooperation between India and Seychelles.
According to official data from the National Bureau of Statistics, Seychelles' imports from India stood at USD 91.73 million in 2024, while exports to India were USD 2.46 million. The data showed that trade between the two countries continued to have significant scope for expansion. (ANI)

Tags

Related News

Nvidia risks losing critical supply chain deals without Jensen Huang, warns Elon Musk
Business
Nvidia risks losing critical supply chain deals without Jensen Huang, warns Elon Musk

<p>New Delhi [India], November 14 (ANI): Tesla and SpaceX CEO Elon Musk has warned that Nvidia could lose some of its cr...

CCI approves Advent International-backed firm's stake acquisition in Yatharth Hospitals
Business
CCI approves Advent International-backed firm's stake acquisition in Yatharth Hospitals

<p>New Delhi [India], November 14 (ANI): The Competition Commission of India (CCI) on Saturday approved the acquisition...

India must develop its own semiconductor manufacturing machines, precision components: Ashwini Vaishnaw
Business
India must develop its own semiconductor manufacturing machines, precision components: Ashwini Vaishnaw

<p>New Delhi [India], November 14 (ANI): Union Minister for Electronics and Information Technology Ashwini Vaishnaw on S...

Battery PLI scheme achieves just 1.4 GWh capacity against 50 GWh target, faces delays: NITI Aayog report
Business
Battery PLI scheme achieves just 1.4 GWh capacity against 50 GWh target, faces delays: NITI Aayog report

<p>New Delhi [India], November 14 (ANI): India's Production Linked Incentive (PLI) scheme for Advanced Chemistry Cell (A...

Merck Foundation CEO: Transforming Diabetes Care, One Blue Point at a Time
Business
Merck Foundation CEO: Transforming Diabetes Care, One Blue Point at a Time

<p>BusinessWire India<br/>Accra [Ghana]/ Mumbai (Maharashtra) [India], November 14: On World Diabetes Day 2026, Senator...

‘Parampara’: Timeless Wisdom of the Vedas and India’s Living Traditions. Book by Pavan Kaushik
Business
‘Parampara’: Timeless Wisdom of the Vedas and India’s Living Traditions. Book by Pavan Kaushik

<p>VMPL<br/>New Delhi [India], November 14: Why do we tie a thread around our wrist? What is the significance of applyin...