Indonesia, the world's largest archipelago, has control over vast (fish-rich) seas and waters. As such, the nation already ranks among the largest producers in aquaculture worldwide.
However, as in other sectors of the economy, the country is yet to tap the full potential of the fishery sector and optimise profitability.
The MOU was signed during a meeting of Indonesian President Joko Widodo and Hungarian Prime Minister Viktor Orban in Jakarta to discuss bilateral issues including trade and investment.
