New Delhi (NVI): The Union Cabinet today gave its approval to a Memorandum of Understanding (MoU) signed with Iceland in the field of Sustainable Fisheries Development on September 10, 2019 under which the two countries can exchange scientific literature, research findings, information, expertise to study the prospects of fishing.
The MoU entails exchanging of scientists and technical experts and their proper placement, especially in areas of estimating Total Allowable Catches in off shore and deep sea areas.
The pact, approved at a meeting of the Cabinet chaired by Prime Minister Narendra Modi, provides for training to fisheries professionals from key fisheries institutions in the various management aspects on areas of modern fisheries management and fish processing.
This will provide processing and marketing of products from high seas fisheries for entrepreneurship development.
The MoU will strengthen the existing friendly relations between India and Iceland and will enhance consultation and cooperation on Fisheries including consultation on bilateral issues, an official statement said.