Connect with:
Friday / April 19. 2024

logo
mobile-logo
HomePosts Tagged "BIMSTEC"
Poultry, SAARC, Supply Chain, Trade

Under the BIMSTEC Cooperation, India will be annually exporting eggs worth Rs 350 crore to Sri Lanka

Tamil Nadu poultry farmers in Namakkal are gearing up to export eggs to Sri Lanka as part of the Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC). Under the BIMSTEC Cooperation, India will be annually exporting eggs worth Rs 350 crore to Sri Lanka’s State Trading Corporation to help the island nation tide over the crisis. This is part of a 350-crore initiative from the Indian government to help Sri Lanka overcome their economic crisis.

Sri Lanka has been facing an economic crisis and a shortage of poultry feed, leading to a shortage of eggs and a significant increase in their cost. Currently, an egg costs Rs 13.

The Sri Lankan cabinet has approved a proposal to import 90 million chicken eggs per month to reduce egg prices in the country. The BIMSTEC has already signed a memorandum of understanding with the Sri Lankan State Trading Corporation for the supply of onions, red chillies, pulses and chemicals to the island nation.



Under the BIMSTEC Cooperation, India will be

India, Live Stock

BIMSTEC Secretariat and the International Food Policy Research Institute (IFPRI) sign MoU

India hosted the Second Agriculture Ministerial-level meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) on November 10, under the chairmanship of Narendra Singh Tomar, Union Minister for Agriculture and Farmers Welfare. Agriculture ministers of Bhutan, Bangladesh, Nepal, Myanmar, Sri Lanka and Thailand participated in the meeting. While addressing the meeting through video conference, Tomar urged the member countries to cooperate in developing a comprehensive regional strategy to strengthen cooperation for the transformation of agriculture and urged the member countries to adopt a conducive agricultural food system and a healthy diet for all.

The 2nd BIMSTEC Agriculture Ministerial Meeting adopted the Action Plan for Strengthening BIMSTEC Agricultural Cooperation (2023-2027). An MoU between the BIMSTEC Secretariat and the International Food Policy Research Institute (IFPRI) has been signed and approval has been given to bring Fisheries and Livestock sub-sectors under the Agricultural Working Group. Tomar, in his address, referred to the importance of millet as a nutritious food and the efforts made by India to promote millet and its products during the International Year of Millets – 2023. He asked participating countries to actively participate in India’s initiative to promote millet as a food. “Natural and ecological farming should be promoted to conserve agricultural biodiversity and reduce the use of chemicals”, Tomar added. 

BIMSTEC Secretariat and the International Food