Which act created the Agriculture and Fisheries Modernization Act of 1997?

The Agriculture and Fisheries Modernization Act of 1997 was established through Republic Act No. 8435. This act aimed to modernize and improve the agricultural and fisheries sectors in the Philippines, acknowledging the importance of these sectors in national development. It includes provisions for better access to resources, improved technology, and support services to enhance productivity and sustainability in farming and fishing practices.

This context highlights the significance of Republic Act No. 8435 in promoting innovations and addressing challenges faced by the agricultural and fisheries industries, which are crucial for ensuring food security and economic growth in the country.