Andhra Pradesh signs MoU with Japan to develop food value chain

Posted on:01 Aug 2016 18:25:32

Andhra Pradesh signs MoU with Japan to develop food value chain
01 August 2016 Current Affairs GK: The Andhra Pradesh government has signed a Memorandum of Understanding (MoU) with Japan to develop a food value chain in the state on 30 July 2016.

Under the MoU, Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) will encourage direct investments by Japanese companies in the fields of agriculture and food-related industry in Andhra Pradesh.

Along with developing a food value chain, it will also establish food industrial parks and develop cold chains.

Andhra Pradesh occupies a premier position in agri-business with a major contribution in agriculture, horticulture, dairy, poultry, fisheries and marine production.

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