Myanmar’s slackened shrimp exports has caused its largest export market – Japan to support Myanmar in mushrooming its shrimp export supplies and its capacity building aspects. A host of reasons leading to the culled supply of the same stems from the report detailing exports to Japan. The report is backed by Japan International Cooperation Agency (JICA). The reasons span from inefficient breeding technology, virus in the farmed fishery sector, loss of their natural habitat and inept preservation of fishery resources.
To allay the region’s limited supply of shrimps, Japan’s development aid agency has come forward to assist the country in boosting its export market and thus, enabled the Myanmar Trade Promotion Organisation(Myantrade) to review aquaculture practise. JICA’S mentor Mr. Kazuo Mishima asserted, “The country needs to increase its export supply capability as well as product quality and value.”
It’s been reckoned that the availability of 120,000 hectares of land and the right resources makes Myanmar fit for shrimp farming, given it is supported by the appropriate infrastructural requirements as per the department of Fisheries. On this, Vice Chair of the Myanmar Fisheries Federation Mr. U Kyaw Tun Myint expressed, “The Rakhine and Ayeyarwady coastlines can be used to farm and produce white Vietnamese shrimp for the purpose of export.”
The recent percentage of shrimp export from Myanmar to other countries is as follow – 24% to India, 4% to Japan and 27%to Vietnam. However, to accelerate this percentage share, productional raise of the shrimps has been proposed by Myanmar Trade Promotion Organisation (Myantrade) via tax incentives and procedural ease.
Recommendation of an effectual and sustainable aquaculture strategy to fix supply shortage of shrimps has led to framing of a National Aquaculture Development Plan (NADP) to formulate a long-term development of this sector.