Uganda’s Ministry of Agriculture, Animal Industry, and Fisheries (MAAIF) has recently made a significant decision regarding the proposed Minimum Export Price (MEP) for Nile perch fish fillets. In a consultative meeting with fish exporters, processors, and industry associations on September 26, 2023, the ministry addressed concerns over the declining quantities and values of fish exports from the country.
During the meeting, the fish processors and exporters put forth a resolution suggesting the establishment and enforcement of a minimum export selling price of USD 6 per kilogram of fillet, effective from October 1, 2023. This move was proposed in response to the challenges faced by the industry, particularly in light of global market dynamics.
Recognizing the vital role of the fish processing sector in Uganda’s economy and the issues faced by its stakeholders, the Ministry acknowledged the need for a balanced approach. However, it was also mindful of Uganda’s liberalized economy and the potential consequences of imposing a Minimum Export Price.
After careful consideration and taking into account feedback from all concerned parties, the Ministry has decided to halt the implementation of the proposed Minimum Export Price for fish fillets. This means that all stakeholders in the fish processing and export industry are free to export fish and fish products at prices determined by market dynamics and the principle of willing buyer/willing seller.
The Ministry’s decision reflects its commitment to maintaining constructive dialogue with relevant industry players to ensure the continued growth and competitiveness of the fish processing sector. It also aligns with the government’s export-oriented strategy.