Ministry of Fisheries seeks 25% cash incentive on export of chilled fish

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Requests the Ministry of Commerce to take action







The Ministry of Fisheries and Livestock has requested the Ministry of Commerce to take the necessary steps to provide a 25% cash incentive on the export of chilled fish, officials said.

Last January, the Bangladesh Live and Chilled Food Exporters Association requested the Department of Fisheries to provide the 25% cash incentive.

Following this, the Department of Fisheries sent a letter last February to the concerned ministry asking them to take action in this regard.

Taking the request into consideration, the Ministry of Fisheries and Livestock eventually wrote to the Ministry of Commerce, a source said.

The frozen fish sector currently benefits from a cash incentive of 7.0-10% on shrimp exports and 2.0-5.0% on other fish exports.

Currently, members of the live and chilled food exporters association export crab, eel and chilled fish. The sector currently benefits from a 10% export subsidy for crab and eel exports.

Exporters have been hit hard due to the spread of the Covid-19 pandemic, says the association’s letter that was previously sent to the fisheries department.

Currently, a large number of exporters across the country are exporting chilled fish. The association believes that exporting chilled fish is more risky than exporting frozen fish.

It is unfortunate that the product is deprived of the government’s cash incentive facility, according to the association.

The government should consider providing cash incentives for the export of chilled fish to encourage businessmen in the sector and also to compensate losses related to the Covid-19 pandemic, as the sector has huge export potential. , the exporters said.

Contacted, Khairuddin Ahmed, President of Chilled Food Exporters Association, said: “Traders in this sector have suffered huge financial losses due to the effects of the Covid-19 pandemic over the past two years. “.

“Incentives are needed in this sector to compensate for losses. Without the direct cooperation of the government, traders in this sector will not be able to recoup their losses,” he added.

Shrimp, Rupchanda, Tilapia, Rui, Katal and other freshwater fish and marine fish as chilled items are exported to Malaysia, Singapore, Taiwan, Hong Kong, India, Kuwait, Qatar, l Saudi Arabia, United Arab Emirates and different countries in Europe.

According to the association, Bangladesh exports an average of 1.50 to 2.0 billion Tk of chilled fish annually.

According to an article available on ResearchGate, chilling is a process by which the temperature of fish is lowered to a point near freezing but not below by means of heat removal.

The freezing point of different species of fish varies between -0.6 and -2.2°C and depends on the concentration of cellular fluids.

It is generally taken as -1°C. Fish and fish products processed in this way are called chilled products, the article reads.

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