The WTO Agreement on Fisheries Subsidies is in line with the UN Sustainable Development Goal 14.6 (UN SDG) and includes:
a strong prohibition of subsidies contributing to illegal, unregulated and unreported (IUU) fishing with unprecedented transparency provisions.
an absolute prohibition of subsidies for fishing on the unregulated high seas.
a provision on overfished stocks will bring sustainability rules for subsidies regarding the most vulnerable stocks in the first phase of the agreement.
Consensus was reached on the Agreement on Fisheries Subsidies at the 12th WTO Ministerial Conference in June 2022. The Agreement on Fisheries Subsidies will enter into force once two-thirds of WTO members have completed their domestic ratification processes.
PORTLAND, Maine (AP) — Fishermen in the U.S.’s only commercial-scale fishing industry for valuable baby eels once again had a productive season searching for the tiny fish.
Baby eels, called elvers, are often worth more than $2,000 per pound because of how valuable they are to Asian aquaculture companies. That makes them one of the most valuable fish species in the U.S. They’re raised to maturity so they can be used in Japanese food, some of which is sold in the U.S. in unagi dishes at sushi restaurants.
The elvers have again been worth more than $2,000 per pound at the docks this year, according to the Maine Department of Marine Resources. The fishermen are limited to a combined quota of a little less than 10,000 pounds per year and were about through it by early May, the department said. The price was a tick below last year’s, but higher than the previous two.[continues...]
Author/Source: Patrick Whittle / AP | Read the full article by clicking the link here
• Ensure legal predictability for fisheries in the Mediterranean and Black Sea
• Estimation of catches of recreational fisheries
• Use of remotely operated vehicles in red coral areas only allowed for research purposes
New measures include rules on measuring catches by recreational fisheries, alternatives to landing points for the European eel, and the use of remotely operated vehicles in red coral areas.
Committee on Fisheries MEPs validated a compromise achieved between Parliament and Council negotiators on 3 May 2023, on the reorganisation of rules for fishing in the General Fisheries Commission for the Mediterranean (GFCM) Agreement area, which also includes the Black Sea. They approved the deal by unanimity. Parliament’s negotiating team was led by Ladislav Ilcic (ECR, Croatia).
The new text, MEPs say, gives legal clarity, ensures predictability, and establishes common rules for EU fishers working in the area.[continues...]
Source: The Fishing Daily | Read the full article here
SANA'A (Saba) - A meeting held at the Ministry of Fisheries on Saturday discussed the plans of the Executive Unit of the National Vision - Production and Marketing Services Sector of the Ministry.
The meeting, in the presence of the Under Secretaries of the Ministry for Planning and Projects - Head of Unit, Mohammed Abbas, Production and Marketing Services, Abdul Ghani Hussein Al-Wali, and members of the Vision Team, stressed the importance of improving the quality of products and developing services provided by the production and marketing sector to meet the needs of citizens and fishermen and strengthen the relationships of agents, traders and fish cooperatives.
The meeting recommended the need to prepare cards and documents for projects listed and not included in the Ministry's plans and the Executive Unit of the Annual National Vision, to provide completion reports until its date, and to provide the Vision Team with a copy of each project, in addition to future periodic reports.
Agriculture Insurance Company of India (AIC) is set to expand its offerings with the introduction of insurance products for the livestock, aquaculture, and sericulture sectors. The company has already obtained the necessary license from the Insurance Regulatory and Development Authority of India (IRDAI), according to a statement made by a top AIC official on Wednesday.
Girija Subramanian, the CMD of AIC, revealed that the company secured the license for these new insurance products from IRDAI in May of the previous year. She further stated that AIC will launch the products after their development process is complete. Speaking to reporters at an ASSOCHAM event, she emphasized AIC's commitment to expanding its services and supporting various sectors within the agricultural industry.
Established in 2000, AIC boasts a capital base of Rs 200 crore. The capital is contributed by GIC Re at 35 percent, Nabard at 35 percent, and the remaining percentage by the four public general insurers, namely National Insurance, United India Insurance, New India Assurance, and Oriental Insurance.
The European Union Chamber of Technology recognizes Satlinkv's smart buoy as the "Best European Technology for Ocean Care"
In the award ceremony, Pierre Nadji, Head of Aid and Cooperation of the European Commission (EC), highlighted the contribution of "very specific technologies to the resolution of notable problems".
Madrid - The European Union Chamber of Technology (European Technology Chamber) has recognized as "Best Technology of the European Union for the Care of the Oceans" the intelligent selective buoy of the Spanish company Satlink, specially designed to increase selectivity in the fishing activity. This recognition took place yesterday at the delivery of the SDG Awards 2023.
The award, given to Faustino Velasco, president and founder of Satlink, recognizes the contribution of the Spanish company's technology to the achievement of the Sustainable Development Goal (SDG) 14 1 , promoted by the UN. During the delivery ceremony award, Pierre Nadji, head of Aid and Cooperation of the European Commission (EC), has pointed out that "very specific technologies can solve notable problems and guarantee the future and the achievement of the SDGs". Likewise, he has underlined the Commission's interest in supporting any investment in line with the SDGs to ensure sustainable and intelligent development. The European Union Chamber of Technology recognizes Satlink's smart buoy as the "Best European Technology for the Care of the Oceans".
THAIFEX – Anuga Asia 2023, Asia’s largest and most important food trade fair officially launched Yesterday with a grand opening ceremony at Impact Muang Thong Thani in Bangkok, Thailand.
Hosted by organizers the Department of International Trade Promotion (DITP), the Thai Chamber of Commerce (TCC)and Koelnmesse, the official openingevent was attended by Deputy PrimeMinister and Minister of Commerce, Mr. Jurin Laksanawisit, industry leaders, globalexhibitors, international VIP guests and global media.
With an impressive lineup of exhibitorsfrom more than 40 countries, THAIFEX - Anuga Asia 2023 solidifies its position as the leading platform for F&B professionals. Besides Thailand, the top five exhibition international countries are China, South Korea, Malaysia, Vietnam and Türkiye. Spanning across 130,000 square meters of exhibition space, featuring 11 exhibition halls, this expansive event is expected to attract over 60,000 trade visitors, buyers, and decision-makers from 140 countries under one roof.
THAIFEX- Anuga Asia serves as a catalyst for international exhibitors, brands, and products to unlock new business prospects in Southeast Asia, facilitating valuable opportunities with buyers and fostering lucrative partnerships in the region.
Fiscal year ending March 2023 Unable to absorb high costs
Kibun Shokuhin Co., Ltd. (Chuo-ku, Tokyo, President Hiroshi Tsutsumi), the largest dough manufacturer, posted consolidated sales for the fiscal year ending March 2023 of 105,691 million yen, up 6.5% year-on-year.
Operating income fell by 46.9% to 2,022 million yen, which was hit by the high school. Although profit increased by 2,769 million yen due to product price revision, total profit decreased by 4,337 million yen due to rising raw material and energy prices.
The European Union ratified yesterday the international agreement for the elimination of harmful subsidies to fishing that was approved in June 2022 at the 12th Ministerial Conference of the World Trade Organization (WTO). Specifically, the pact prohibits subsidies to those vessels and operators that practice illegal, unreported and not subject to international regulations (UU) fishing, in addition to suspending aid to the fishing of species that are overexploited. .
Source: La Voz de Galicia | Read the full articlehere
In addition to the industrial anchovy fishery, Peru is home to two artisanal fisheries of global importance: the mahi-mahi, which produces around 43% of the world volume of the resource; and that of giant squid, responsible for 47% of the world landings of the species, collects Sustainable Fisheries Partnership (SFP). However, despite their high level of landings and their contribution to the country's food security and economy, the fleets that capture these resources have been neglected in terms of their fisheries management.
Source: IndustriasPesqueras | Read the full article here
Employers’ organisation Seafood Norway has described the latest version of the country’s proposed salmon tax as “disappointing”.
The Labour-Centre party coalition government secured a deal yesterday after the Liberals (Venstre) and the single seat Patient Focus party broke ranks with the main opposition parties and gave their approval to a reduced rate of 25%. The minority parties also secured a number of environmental concessions.
Author: Vince McDonagh | FishFarmer | read the full articlehere