What is one of the objectives of the Agriculture and Fisheries Modernization Act?

One of the primary objectives of the Agriculture and Fisheries Modernization Act is to enhance global competitiveness. This involves improving the productivity and efficiency of agricultural and fisheries sectors, enabling them to compete effectively in international markets. The act aims to modernize practices, promote innovation, and ensure that local producers can meet both local and global demand efficiently.

By focusing on strengthening the competitiveness of agriculture and fisheries, this objective supports broader economic goals, which include increasing export opportunities and contributing to food security. Enhancing competitiveness also often means adopting advanced technologies and practices, which can lead to more sustainable farming and fishing practices, ultimately benefiting both the economy and the environment.