USD 123 million lost in income due to IUU fishing in the Pacific

An independent study led by Ministerial Review of The Pacific Islands Forum Fisheries Agency (FFA) reveals that the nations of the Pacific lose USD 123 million in revenue from illegal, unregulated and unreported (IUU) fishing. The announcement was made by FFA Director General James Movick while opening the FFA judicial conference in Honiara. “Illegal, unregulated and unreported fishing continues to be an ongoing challenge in our region. It undermines all conservation and management efforts and robs our people of important revenue, pointed out Movick. Ministers welcomed the review and work done towards combatting IUU fishing in the Pacific region. “It is crucial that all who may come across current and emerging technologies in their work have the opportunity to discuss and fully understand such technologies, Movick stressed. He also said that one of the inputs to that Ministerial Review was an independent study that has more reliably analysed and quantified the nature and extent of IUU fishing in the FFA member region.

Source: fis.com
Full Article: http://fis.com/fis/worldnews/worldnews.asp?l=e&ndb=1&id=85954