The Fishery and Aquaculture Industry Research Fund is a funding scheme for industrial research and development work within fisheries and aquaculture, and is based on a levy of 0,3 percent on all exported fish and fish products. The funds shall be used for industrial R&D work for the benefit of all or part of the industry, and are distributed in the form of grants for research programmes and major projects. The levying of a research and development tax in the fisheries and aquaculture industry came into force on 1 January 2001.
The tax funds are administered by a Board appointed by the Norwegian Ministry of Fisheries and Coastal Affairs. Board members are representatives from the fisheries and aquaculture industry.
Fish landings grow 8% in the first half Argentina
Total catches reach 486,678 tons in the first half of the year driven by shrimp and hake, compensating for the decline recorded in the squid fishery.
Declared landings by the national fishing fleet r...
Mifco recorded tuna purchases worth 11.3 million mvr in June Maldives
The Maldivian state-owned company processed 568 metric tonnes across 517 vessels, consolidating the minimum purchase price to protect the income of local fishermen.
The state-owned Maldives Industr...