Tokyo-based ITOCHU Corporation has offered to inject money into growing Sri Lanka's banana and fishing industries and to help expand the export opportunities for those products.
Specifically, ITOCHU has offered to invest in banana cultivation and tuna fishing, according to the Economic Development Ministry.
Kouhei Watanabe, chairman of the Japan-Sri Lanka Business Co-operation Committee and senior cooperate advisor to ITOCHU, met with the Minister of Economic Development Basil Rajapaksa and told him that ITOCHU was also working on developing Sri Lanka's infrastructure, transport sector and coal power plants. The discussion took place when Watanabe headed a Japanese business delegation to hold discussions with Minister Rajapaksa at the Ministry this week.
Illegal bluefin tuna trade ring dismantled Spain
The Civil Guard has dismantled a ring that in Spain traded tuna that had been illegally fished in other countries and that, in addition, sometimes had health irregularities.
Irish seafood sales grow, inside and outside the country Republic of Ireland
Irish seafood exports recorded last year in the internal and external market for the first time exceeded the mark of EUR 1 billion, transforming 2017 into "an exceptional year for the country's marine economy".
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