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Jan 14, 2019

[CA] Farm - to - Port Project


Union Commerce Minister Mr. Suresh Prabhu announced that the UAE and Saudi Arabia had decided to use India as a base to address their food security concerns.
The Minister said that, the UAE and Saudi Arabia will use India as a base in addressing their social security concerns. For the first time, India’s export policy identifies the potential of agriculture along with horticulture, dairy, plantation and fisheries.

The farm-to-port project will be similar to a special economic zone but in the style of a corporatised farm, where crops would be grown keeping a specific UAE market in mind. The concept has been accepted by both governments.

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