Frozen food exports may fall short of target
Friday, 23 April 2010
Monira Munni
The country's frozen food exports might fall short of target by 20 per cent in the current fiscal year as the sector output has been badly hit by cyclone Aila and Sidr, industry people fear.
The export frozen food, mainly shrimp, slumped more than by 18 per cent of its target during the July- February period of 2009-10. Now the exporters claim the second largest export earning sector will face difficulty in earning the targeted US$468 million in the fiscal.
Exporters say a significant shortfall in reaching export target in the current fiscal came as the shrimp production has fallen by 30 per cent due to two cyclones Aila and Sidr.
Many of the farmers seriously affected by the devastating natural disasters have even failed to rebuild their shrimp beds, popularly
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The country's frozen food exports might fall short of target by 20 per cent in the current fiscal year as the sector output has been badly hit by cyclone Aila and Sidr, industry people fear.
The export frozen food, mainly shrimp, slumped more than by 18 per cent of its target during the July- February period of 2009-10. Now the exporters claim the second largest export earning sector will face difficulty in earning the targeted US$468 million in the fiscal.
Exporters say a significant shortfall in reaching export target in the current fiscal came as the shrimp production has fallen by 30 per cent due to two cyclones Aila and Sidr.
Many of the farmers seriously affected by the devastating natural disasters have even failed to rebuild their shrimp beds, popularly
Continued to page 19