The controversy over Kerala’s deep-sea fishing MoU with US firm
The controversy over Kerala’s deep-sea fishing MoU with US firm

Thiruvananthapuram: The Kerala government has decided to cancel the controversial Memorandum of Underst6anding (MoU) signed between US-based EMCC International and the Kerala Shipping and Inland Navigation Corporation (KSINC), against which the opposition has raised serious allegations.

Notably, Opposition Leader Ramesh Chennithala called out the Pinarayi Vijayan-led govt in Kerala for entering into an MoU with a US-based company for deep sea fishing in the state.

Chief Minister Pinarayi Vijayan directed the officials concerned to cancel the deal and probe the circumstances under which such an agreement was signed. The step was taken reportedly to avoid further controversies, with the opposition levelling fresh charges and bringing out what they term as 'evidence' almost every day.

 Kerala Shipping & Inland Navigation Corporation Ltd  Managing Director Prasanth Nair and EMCC International India Private Limited president Shiju Varghese recently signed a Rs 2,950 crore pact to build 400 deep-sea fishing trawlers and new harbours and for the port development activities.

However, opposition leader Ramesh Chennithala had alleged that this particular MoU was part of a Rs 5,000 crore mammoth project promoting deep sea fishing in the state waters. However, Vijayan on Saturday dismissed the opposition charge that the government has entered into an agreement for the deep sea fishing contract with the US-based firm, saying no foreign company would be allowed to engage in deep-sea trawling in the state's waters

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