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Myanmar government to help fisheries continue Saudi exports

The Myanmar government has announced to work closely with the country’s seafood companies in meeting trade requirements by Saudi Arabia and continue fish exports to the Middle East nation.

In February 2018, Saudi Arabia announced to temporarily suspend fish product import from Bangladesh, India, Myanmar and Vietnam until the products meet Saudi Arabia’s requirements and comply with the World Trade Organisation’s seafood regulations.

As reported by Myanmar Times, the announcement came after Saudi Arabia conducted inspections at more than 20 farms in Vietnam, in which only nine met Saudi requirements of seafood products.

In addition, some aquaculture products, which were exported to Saudi Arabia from Southeast Asian nations, were infected with White Spot Disease and Acute Hepatopancreatic Necorsis Disease, said the source.

Saudi Arabia is one of the leading markets for Myanmar fisheries, with exports varying from US$25mn to US$35mn per year. According to the source, about 21,000 tonnes of Myanmar fish and other seafood products are shipped to Saudi Arabia per year.

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