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Apex Foods Proposes Exporting Processed White Fish to Europe

Industry: Fisheries
Company: Apex Foods Limited
Company Intelligence Tag: Business Insights

Apex Foods Limited, a shrimp exporter in Chattogram, plans to enter the processed white fish market in Europe and Russia. They aim to import, process, and export white fish, seeking duty-free facilities from the government. Despite facing regulatory hurdles, a recent meeting initiated the formation of a technical committee to facilitate import approval. The company intends to utilize its unused processing capacity due to shrimp supply shortages. However, concerns about monitoring and heavy metal testing for imported fish remain. While promising economic benefits, unresolved challenges highlight broader industry concerns regarding food safety and quality control.

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