Negotiations are underway between the Yangon Region Government and the provincial governments of Yunnan and Shanghai for promoting fishery exports to China, said Chief Minister U Phyo Min Thein.
To help increase the country’s Gross Domestic Product (GDP) at the soonest, fish farming and fishery export sectors need to be improved, he said.
“We are discussing improving fish farming and the fishery production sector with the Yunnan provincial government. We are also discussing the matter with the Shanghai provincial government. We are trying to create a Yangon-based fish market,” said U Phyo Min Thein.
At present, the Yangon Region Government is negotiating with all the stakeholders in the supply chain, including the Myanmar Fisheries Federation and inshore and offshore fishing businesses. He made the remarks at the 28th regular meeting of Vice President 1 with private entrepreneurs, held at the Union of Myanmar Federation of Chambers of Commerce and Industry last Saturday. MFF Vice President Dr. Toe Nandar Tin said the federation has asked the government to tackle problems faced in export of farm-raised fish and prawns through G2G pacts and ensure smooth freight movement between countries to bolster exports.
According to the MFF, integrated poultry and fish farming cannot ensure food safety, which is a requirement for export. Therefore, the federation has asked for the formulation of a law to restrict that kind of mixed farming. Fish farming must be conducted as a large-scale project to get access to Project Bank loans, according to the MFF.
By Aye Yamone (Translated by Ei Myat Mon)