Pacific fishing nations warn more price rises ahead

Pacific nations have warned foreign fishing countries, including the United States, to expect more price hikes to the cost of fishing in their territorial waters. The nations that makeup the  have told disgruntled nations that they will raise the daily fishing rate from $US6,000 to $US8,000 per boat from next January. It will raise their total income to around $370 million. Read more here 09:17

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