Forex News – Tuna, a potential forex resource – Hindu

Tuna is considered a potential export resource in the country but finds itself in troubled waters in the Mediterranean. But the Marine Products Export Development Authority (MPEDA) of India is looking at tuna in the Indian coastal waters as a potential resource for exports. The resource potential of tuna in the Indian Exclusive Economic Zone, spread over 2-million sq. Once the resources are exploited, India can become a major exporter of tuna and tuna products, MPEDA officials say. The authority has hired the services of an expert from Australia to train Indian fishermen in tuna long-lining and onboard handling. Blue-fin tuna in the Mediterranean is being driven to the brink of extinction by unscrupulous fishing piracy and ineffective management, the report says. read more

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