| Date: |
27-03-2012 |
| Subject: |
Seafood exports may come to a halt |
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The Export Inspection Council (EIC), under the ministry of commerce, has made it mandatory that all vessels supplying fish for export should register with it.
According to the executive instructions for approval and monitoring of fish and fishery products for export, published recently, only registered vessels can supply fish for export and exporters should purchase raw materials from EIC-approved vessels only. The new set of instructions had came into effect from March 15.
The new orders would have a serious impact on the seafood export sector and according to exporters, these have already started coming to a halt. Under the present system, vessels are registered under the fishery departments of the states concerned.
Source : smartinvestor.in
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