Spain's minister of agriculture, food and environment Isabel Garcia Tejerina, announced that €421 million will be allocated toward the Multiannual Aquaculture Strategic Plan for 2014/2020, EFE reports.

The plan outlines how aquaculture will be conducted in coming years in the framework of the new EU Common Fisheries Policy (CFP) and the European Maritime and Fisheries Fund (EMFF).

The plan's guidelines are to simplify and standardize the legal and administrative framework; reinforce representation from the sector; increase Spanish aquaculture production by improving sector planning, and find new areas of aquaculture interest.

Other objectives are to strengthen the competitiveness of the sector through research, development and innovation; to strengthen relations between the scientific community and industry; health management and promotion of aquaculture products.

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