By Paul AdudeEntebbe — Exports in the fishing export sector are set to get a boost if the country is allowed to trade it’s aquaculture products on the European market.
“Currently in terms of aquaculture products, we get 100,000 metric tonnes but we are aiming at 300,000 metric tonnes. If we get the EU trade restriction lifted we will be able to earn more than Shs5b,” Mr Edward Rukuunya, the director fisheries resources, said.
Mr Rukuunya made the remarks yesterday during the opening of the 3-day United Nations Conference on Trade and Development in Entebbe.
He further stated that the fisheries sector has had stagnating fish exports for the last five years with the current annual exports standing at 17,000 metric tonnes in fish. This, he said, brings in $134m (Shs481.9 billion)with a hope of earning Shs1.8 trillion in the next 5 years.