Tri Marine says South Pacific Tuna Treaty is obsolete

The owners of American Samoa’s second cannery, Samoa Tuna Processors,  say the Treaty which allows US fishing boats to fish in waters of Pacific island countries is obsolete and needs to be revised. Tri Marine International says in a statement that the tuna treaty in its current form fails to retain the most value for the resource owners because the Vessel Day Scheme places value on fishing days alone, rather than the tuna itself. According to Tri Marine, calculating value based on fishing days is a shortsighted economic equation that doesn’t necessarily represent the long-term best interests of island communities. Read the article here 09:02

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