This policy working paper was prepared to serve as a background document for the policy stakeholder consultation. The paper examines the potential impacts of agribusiness-focused aquaculture and outlines an appropriate policyand institutional environment under which aquaculture can flourish and be more effectively integrated with thepoverty reduction and economic growth strategy of the country. To this end, a thorough examination is undertaken of the aquaculture subsector along with the important backward and forward linkages and the associated stakeholder activities. Based on these, the paper suggests a policy framework and a viable framework of interagency (public and private sector) collaboration that would support the promotion of a pro-poor dynamic agribusiness-focused aquaculture in the country.