India’s seafood exports are valued at some Rs 50,000 crore annually, but after approximately 15 years of export growth to the EU suddenly the EU has sort of “had a change of heart because India’s exports to Europe had really shot through the roof” a seafood industry spokesman said.
More countries are increasing barriers – either explicit or non-trade – especially on seafood business.
“On inspections for example, India is the only country on which the EU actually does 50% sample testing whereas most of the countries have only 10% sample testing.” said the spokesman.