wto of marine product

8/8/2019 Wto of Marine Product

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Why a foreign trade policy?y Legal framework for regulation of International Trade

- provided by Foreign Trade (Development &Regulation) Act, 1992.

y Objective of the Act: Growth & Regulation of ForeignTrade - Act Facilitating Imports & Exports.

y Previous Act was Import & Export (Control) Act,

1947.y Shift in the focus from Control to development -

due to Control development emphasis onliberalisation & globalisation process as a part of

Economic Reforms of 1991.



Shift from FTP to EXIM Policyy The new Exim-Policy is essentially a roadmap for the

development of India's foreign trade.

y It contains the basic principles and points the direction inwhich we propose to go.

y Unshackling of controls and creating an atmosphere of trustand transparency to unleash the innate entrepreneurship of our

businessmen, industrialists and traders.

y

Import of capital goods and equipment, thereby increasingvalue addition and productivity.

y Activating our Embassies as key players in our export strategyand linking our Commercial Wings abroad



Objective behind the shift

y The new Exim-Policy is essentially a roadmap for thedevelopment of India's foreign trade.

y

It contains the basic principles and points the direction in which we propose to go.

y Unshackling of controls and creating an atmosphere of trust and transparency to unleash the innateentrepreneurship of our businessmen, industrialists and

traders.

y Import of capital goods and equipment, thereby increasing value addition and productivity.

y Activating our Embassies as key players in our export

strategy and linking our Commercial Wings abroad



Impact of the shifty Globalization of Indian Economy

y Impact on the Indian Industry

y Impact on Agriculture

y Impact on Foreign Investment

y Impact on Quality up gradation

y Impact on Self-Reliance



Shift from EXIM to FTP Policy

y To give a major boost and strategic direction to the

manufacturing sector and exports

y To act as an effective instrument of economic growth by

giving a thrust to employment generation.y To double the percentage share of global merchandise

trade within five years

y India to be a major gainer from emerging global trends

y A policy of partnership



Objective behind the Shifty To give a major boost and strategic direction to the

manufacturing sector and exports

y To act as an effective instrument of economic growthby giving a thrust to employment generation.

y To double the percentage share of global merchandisetrade within five years

y India to be a major gainer from emerging global trendsy A policy of partnership



Features of the new

FTP

y FTP focuses on an integrated view for the overalldevelopment of countrys foreign trade.

y Special attention is given to agriculture and allied sectors

y New schemes were introduced to boost exporty The policy has further removed quantitative restrictions

from 29 items

y Provides for 100 % FDI to establish free trade zones and

ware housing zonesy The central theme of the new policy is while increase in

exports is quite important at the same time, to facilitatethose imports which are required to stimulate the economy



Impact of FTP on Marine Sector

y Duty free import of specified specialized inputs/chemicals and flavoring oilsas per a defined list shall be allowed to the extent of 1% of FOB value of

preceding financial years export. Use of these special ingredients for

seafood processing will enable us to achieve a higher value addition and

enter new export markets.

y

To encourage the existing mechanized vessels and deep sea trawlers to adoptmodern technology for scientific exploitation of our marine resources in an

eco-friendly manner and boost marine sector exports, it is proposed to allow

import of monofilament long line system for tuna fishing at a concessional

rate of duty.

y The present system of disposal of waste of perishable commodities like

seafood after inspection by a customs official is very Cumbersome and leads

to development of unhygienic conditions. To overcome this, a self removal

procedure for clearance of waste shall be applicable, subject to prescribed

wastage norms.



Marine products in India: An

Introy Overall export of marine products reached an ever time record

of 2.6 billion US$ during 2007-08

y

Total exports aggregated to 512164 M. Tons valued atRs.7245.30 crore and US$ 1644.21 million against 461329 M

y Export had shown an increase of 11.02% in quantity, 9.01% in

Rupee value and 11.21% in US$ realization

y Unit value also increased from 3.20 US$ to 3.21 US$ per Kg



DEMAND FOR EXPORT OF

MARINE PRODUCT

y Fisheries exports from India have become an important component of

agricultural exports, to the extent of 18%. Over fifty products are exported

to as many destinations all over the world and India is making a mark in

ornamental fish exports also in the recent years.the quantity of fish exports

increased by 62% in quantity and over 117% in value. It improved the share

of exports in total output and enhanced the integration of the sector with

global market. A trend towards export of high value fish and retention of

other fish for domestic market is seen in the recent years. Continuous

monitoring of overseas markets and compliance of changing standards to

remain competitive needs no emphasis. The projected exports from fisheries

sector is 2.06 million t in quantity and Rs 15, 000 crore in value



EXPORT ITEMS

MAJOR MARINE PRODUCT IN INDIA

y Frozen Shrimp

y Fr. Fish

y

Frozen Cuttlefishy Fr. squid export .y Exportof Dried items y Live itemsy

Chilled itemsy others



MAJOR ITEM WISE EXPORT OF

MARINE PRODUCT FROM INDIAITEMS % Share

to Total

APR-MAR

2007-08

APR-MAR

2006-07

VAR IATION (%)

Frozen

Shrimp

22

3.88

3.84

Q

V

$

UV$

137397

4 06.08

997.64

7.26

14 180

4271. 1

970.43

6.68

-7784

234. 7

27.22

0. 8

- .36

.49

2.80

8.63

Frozen

Fin Fish

44

17.37

17.38

Q

V

$

UV$

2707 1

14 2.88

321.9

1.19

182344

998.70

22 .9

1.24

88407

4 4.18

96.02

-0.0

48.48

4 .48

42. 0

-4.03

Frozen

Cuttle

Fish

9

9. 3

9.49

Q

V

$UV$

701

797.37

17 .73.16

496 1

49.1

124.482. 1

60 0

248.22

1.270.6

12.19

4 .20

41.192 .86

Frozen

Squid

8

6.80

6.81

Q

V

$

UV$

472 2

68.32

126.2

2.67

23 2

7 . 2

130.49

2.49

- 101

-7.20

-4.24

0.18

-9.74

-1.2

-3.2

7.19

Q:Quantity in M T, V: Value in Rs. Crore, $: US Dollar Million



Dried items 4

2.19

2.20

Q

V

$UV$

24293

183.16

40.71.68

14167

132. 6

30.032.12

1012

0.60

10.72-0.44

71.47

38.17

3 .71-20.8

Live items 0

0.77

0.77

Q

V

$

UV$

2478

64.06

14.22

.74

2 68

61.71

13.99

.4

-90

2.3

0.24

0.29

-3. 0

3.80

1.69

.40

Chilled items 1

1.40

1.44

Q

V

$

UV$

7200

117.30

26.63

3.70

060

81. 6

18.40

3.64

2140

3 .74

8.23

0.06

42.29

43.82

44.72

1.70

Others 11

8.06

8.08

Q

V

$

UV$

67 71

674.3

149.72

2.22

60841

74. 8

130.46

2.14

6730

99.76

19.26

0.07

11.06

17.36

14.76

3.33

TOTAL 100

100

100

Q

V

$

UV$

612641

8363. 3

18 2.93

3.02

12164

724 .30

1644.21

3.21

100478

1118.23

208.72

-0.19

19.62

1 .43

12.69

- .79

Q:Quantity in M T, V: Value in Rs. Crore, $: US Dollar Million



Major Markets:-y

European Union largest market for Indian marine products during year 2007-08y USA ± 2nd largest market in terms of value

y share of 10.90% in quantity

y 22.63% in value

y 22.66% in US$

y Share of Japan to export market was

y

11.67% in quantityy 15.96% in value

y 15.98% in US$.

y Export to Japan had shown a negative growth during the year 2005-06

y Exports in terms of quantity was increased by 3.38%.

y Export to Middle East countries tremendous growth

y 33.96% in quantity,

y 25.87% in value

y 27.30% in US$ terms.

y Export to China showed marginal increase of 9.81%, 22.53% and 27.30% inquantity, value and US$.

y Export to Canada,Tunisia, Puerto Rico, Russia, Lithuania, Reunion, FujiIsland, Bangladesh showed a positive growth,

y Export to Mexico, Cyprus, Australia, Maldives Islands etc. showed a negativetrend.



Programs for fisheries and Aqua

Culturey Development of inland fisheries and aquaculture

y Development of marine infrastructure and post harvest operations

y Welfare program/policy issues/human resource

development

y National Scheme for Welfare of Fishermen

y Development of Model Fisherman Villages

y Group accident insurance scheme for active fisherman

y

Saving-cum-relief schemey Scheme on Fisheries Training and Extension

y Centrally sponsored Scheme on strengthening of database and information

networking for the Fisheries sector



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wto of marine product

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