Fisheries Current Affairs

India, Sri Lanka sign MoU to support fishermen in Hambantota district

India and Sri Lanka have signed a Memorandum of Understanding (MoU) to support livelihood of the fishing and farming project to communities in Sri Lanka’s southern Hambantota district

Under this project, India will provide fishing and farming communities equipment worth USD two million.

Key Facts

  • The project envisages gift of equipment and tools such as grub hoes, bicycles, life jackets and sewing machines to the fishing and farming communities in Hambantota district.
  • It will be implemented on consultation with the Ministry of Fisheries and Aquatic Resources Development and relevant authorities.
  • More than 75,000 people in the district will get direct benefit from the project. Part of the grant will be used for developing fisheries villages under a national programme.

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Union Cabinet gives nod to MoU between India and Bangladesh on cooperation in the field of Fisheries

The Union Cabinet has given its approval for extension of Memorandum of Understanding (MoU) signed between India and Bangladesh on cooperation in the field of Fisheries.

The MoU was signed in September 2011 to enhance bilateral cooperation in the field of Fisheries and aquaculture and allied activities between two neighbouring countries.

With this extension, the MoU will remain in force for a period of next five years i.e. 2021 unless either of the parties terminate it. This MoU can be extended for further period as may be mutually agreed upon.

Since it came in to force, the MoU has strengthened the friendly relations between India and Bangladesh. It had played important role in promotion of development of cooperation in fisheries and aquaculture and allied sectors through mutually agreed activities and procedures.

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