US announces withdrawal from crucial fisheries treaty with Pacific nations

hatteras2The United States has given Pacific Island nations notice that it plans to withdraw from the South Pacific Tuna Treaty, one of its most important aid, trade and geopolitical arrangements with the region. The 27-year-old treaty is set to expire 12 months from the date of the withdrawal notice. The announcement came after Washington agreed to pay $128 million ($US89m) for its 2016 fishing days, but within months reneged on the deal saying its fleet could not afford to pay. The US action risks its boats being shut out of hundreds of thousands of square kilometres of ocean as other global fishing powers, including China, gain more access. Read the article here 11:18