2016 U.S. treaty deal underlines value of Pacific fishery

The one-year transitional arrangement for United States vessels for 2016 is a “positive development reflecting the value of rights-based fisheries management” for the Pacific islands, said the CEO of the Parties to the Nauru Agreement (PNA) today. The islands will receive higher fees for fewer fishing days than in the current agreement for 2015. The total package, including both U.S. industry payments and the U.S. government fisheries subsidy comes to US$89,271,350 for 2016. Read the rest here 11:25

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