NZ boost for Pacific fisheries


<p style="text-align: justify;">The New Zealand government has announced it will invest $7.5 million over five years in a fisheries training programme to ensure a coordinated approach for private sector-led sustainable fisheries development in the Pacific Islands region.<!--more--></p>
<p style="text-align: justify;">The funds, among other things, will help upgrade regional fisheries training institutions, with a view to fostering seafood business enterprise development. It will also help the industry gain formal globally-recognised qualifications and bring fisheries officials up to speed with the latest commercial aspects of the industry.</p>
<p style="text-align: justify;">It includes implementing the $4.9 million Te Vaka Moana development programme this year, intended to optimize returns from southern long line fisheries and address the issues caused by illegal fishing.</p>
<p style="text-align: justify;">New Zealand will also partner with Kiribati, the country with the world’s second-largest Exclusive Economic Zone, to upgrade its fisheries and marine training centres.</p>
<p style="text-align: justify;">The Pacific Ocean accounts for 60 per cent of the global tuna catch, which is worth around USD$4.3 billion. Up to USD$400 million is thought to be lost each year through illegal, unreported and unregulated fishing, although there is no general agreement on this figure.</p>
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<p style="text-align: justify;">Photo /</p>