India targets EU seafood market to counter US tariffs and boost trade

India has stepped up efforts to expand its seafood exports into the European Union. The move comes as the country faces high tariffs from the US and seeks new markets to support its economic growth. Securing access to the EU, a major global trade hub, is now a key priority for Indian exporters. The Indian government has been in active talks with the EU to remove trade barriers for its seafood industry. Over 125 Indian fishery establishments have already registered with the EU, meeting the necessary standards for export. These efforts follow a 50% tariff imposed by the US on Indian seafood, which has put pressure on local fishermen and businesses.

Last year, despite global economic challenges, India’s seafood exports grew by around 12-14%. The government has responded quickly, seeking alternative markets to protect exporters from further losses. By addressing EU regulatory hurdles, officials aim to open up a stable and profitable trade route.

India’s broader strategy involves securing long-term trade deals through free trade agreements and global partnerships. Expanding exports, boosting manufacturing, and creating jobs are central to the country’s goal of becoming a developed nation. Access to major markets like the EU is seen as vital for achieving these ambitions. With more than 125 fishery facilities now EU-approved, India is positioning itself for stronger trade ties. The push into European markets follows US tariffs and aligns with the country’s plans for economic expansion. If successful, these efforts could provide a significant boost to India’s seafood sector and wider trade growth.