– A survey by a Kerala think tank revealed marine product export value from the state to the U.S. increased considerably-from ₹513 crore during 2014-17 to ₹1093 crore during 2022-25 despite challenges.
the Kerala-European Union Blue Economy Conclave symbolizes an clever effort to mitigate external pressures like U.S. import tariffs affecting India’s seafood industry through strategic diversification of trade partnerships-especially with leading global players like Europe known for their innovation within marine technologies. the proposed joint platform may streamline processes crucial for foreign investments while fostering sustainable practices aligning with global traceability standards.
Given Kerala’s customary strengths as an exporter of marine products coupled with increasing reliance on advanced governance models emphasized by both sides, this partnership coudl serve as an enduring blueprint replicable across other Indian states reliant on aquatic resources.
Particularly noteworthy is leveraging collaboration not merely as economic relief but also aiming at cultivating long-term socio-environmental resilience-a pragmatic approach fitting India’s broader interests within global sustainable frameworks.Read more