Union Commerce Minister Suresh Prabhu announced that the UAE has decided to use India as a base to address its food security concerns under the farm-to-port project.
About:
The farm-to-port project will be similar to a special economic zone (SEZ) but in the style of a corporatized farm.
Features:
In these corporatized farms, the crops would be grown keeping a specific UAE market in mind, with dedicated logistics infrastructure all the way to the port.
The new food security laws in India may not apply to the produce from these special food zones.
The concept has been accepted by both governments.
Significance:
Ensuring food security remains an area of high priority for the two sides. The UAE imports 80-90% of its food requirements due lack of arable land, water scarcity and a hot climate—much of the land being desert.
If successful, it will create a whole new sector for agro-industries.
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