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Marine Product Exports

Context: India aims to double its marine product exports within the next five years.

Key Points: 

  • India aims to double the marine product exports to Rs. One lakh crore from the present above Rs. 50,000 crore within the next five years. 
  • This target will be achieved through sustainable fishing, ensuring quality and variety, promoting coastal shipping and aquaculture, and supporting the entire fisheries ecosystem.
  • Free Trade Agreements had been finalized with UAE and Australia, while negotiations are in progress for such an agreement with UK and Canada.

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