A call for Pacific countries to add value to their fisheries | Pacific Beat

A call for Pacific countries to add value to their fisheries

A call for Pacific countries to add value to their fisheries

Updated 31 October 2012, 17:55 AEDT

The Chief Executive Officer of the Parties to the Nauru Agreement or PNA fisheries, Dr Transform Aqurau says he wants Pacific nations to look more at the value of their fish stocks rather than volume.

He says they should move away from the idea that the more fishing licence they give out to more foreign vessels, the more money they'll get.

Dr Aqorau says this will only bring down fish prices and deplete fish stock at a fast rate.

He says the Vessel Day Scheme adopted by the eight PNA countries is a better way system.

Solomon Islands has just signed a multi-million dollar deal with South Korea at a rate of 5-thousand US dollars per day under this scheme.

Dr Aqorau tells Sam Seke however, that PNA is not involved in the bilateral negotiation of fisheries deals by its member countries.

Presenter: Sam Seke

Speaker:Chief Executive Officer of the Parties to the Nauru Agreement, Dr Transform Aqorau

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