The South Pacific Regional Fisheries Management Organisation is an inter-governmental organisation that is committed to the long-term conservation and sustainable use of the fishery resources of the South Pacific Ocean and in so doing safeguarding the marine ecosystems in which the resources occur.
The Organisation consists of a Commission and a number of subsidiary bodies. The members of the Commission are: Australia, Belize, Republic of Chile, People's Republic of China, Cook Islands, Republic of Cuba, European Union, Kingdom of Denmark in respect of the Faroe Islands, Republic of Korea, New Zealand, Russian Federation, Chinese Taipei and the Republic of Vanuatu.
Chinese Squid Market Slumps Amid Global Oversupply China
In early June 2025, Chinese squid prices experienced a sharp decline, reflecting global supply trends and weakening domestic demand.
Beijing – Ocean squid prices tumbled by up to 1,500 yuan per...