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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

UN agency puts fast-growing fish trade on the Ďsustainabilityí menu

Tuesday, February 23, 2016 > 09:52:37
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(UN News Agency)

Top fishery officials are gathering in Morocco this week to discuss sustainable trade practices in a $144 billion industry that provides developing countries with more export revenue than meat, tobacco, rice and sugar combined.

Lower-income nations’ exports of fish and fishery products reached $78 billion in 2014, more than triple the value of global rice exports, according to the United Nations Food and Agriculture Organization (FAO).

“Sustainably serving those lucrative markets is of critical importance to developing countries, where most fish are produced, whether caught in the wild or grown in cages or farm ponds,” the agency’s news release says.

The biennial high-level meeting of FAO’s Sub-Committee on Fish Trade, being held in Agadir through Friday, 26 February, has drawn delegations of fisheries ministries from more than 50 countries to discuss emerging governance needs of the fisheries sector.

“Trade in fish is much more important than people think, both in absolute and relative terms,” said Audun Lem, Deputy-Director in FAO’s Fisheries and Aquaculture Policy and Resources Division, who serves as Secretary of the meeting.

Dialogues will help FAO, its member countries and industry representatives understand new trends, opportunities and challenges in the fishing sector, fostering the development of strategies that can “best position developing countries to develop their fisheries sectors in a sustainable manner and to maximize their economic benefit from the growth we expect to witness,” Mr. Lem said.

Traceability

One major topic for consideration is how to better trace products throughout the supply chain. Ministers are poised to agree on FAO’s proposed technical guidelines for catch documentation schemes, a set of documents testifying to the legal origin of the catch. This could become an important tool in curbing illegal fishing, a target concerning the conservation and sustainable use of the oceans, seas and marine resources under Goal 14 of the 2030 Agenda for Sustainable Development adopted by the UN General Assembly in September 2015.

Central to the effort is FAO’s Agreement on Port State Measures to Prevent, Deter and Eliminate, Illegal, Unreported and Unregulated Fishing, which has now been ratified by 21 nations and is on course to have the 25 national ratifications required to enter into full legal force by the time the Committee on Fisheries, an intergovernmental forum, meets in July.

Work will also focus on harmonizing certification requirements for fish exports to major international markets, where consumers as well as retailers are becoming more alert to quality, safety and legality concerns.

Emerging Trends

New trends will also be among the subjects at the Agadir meeting. Aquaculture output has more than tripled to 78 million tonnes over the past 20 years, making it the world’s fastest-growing food producing sector. FAO expects wild-caught fish to grow modestly in volume terms while its share of the market for human consumption declines to 38 per cent in 2030.


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