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Tuesday 23 Feb 2016 - 12:44 Makkah mean time-14-5-1437
Fishing industry (Image from Internet)
Agadir (IINA) – Delegations of fisheries ministries from more than 50 countries are gathering in the Moroccan city of Agadir this week to discuss sustainable trade practices in a $144 billion industry that provides developing countries with more export revenue than meat, tobacco, rice and sugar combined, according to the UN Food and Agriculture Organization (FAO).
The biennial high-level meeting of FAO’s Sub-Committee on Fish Trade, kicked off on Monday and will last until Friday, aims to discuss emerging governance needs of the fisheries sector.
Lower-income nations’ exports of fish and fishery products reached $78 billion in 2014, more than triple the value of global rice exports,
“Sustainably serving those lucrative markets is of critical importance to developing countries, where most fish are produced, whether caught in the wild or grown in cages or farm ponds,” FAO’s statement said.
Dialogues will help FAO, its member countries and industry representatives understand new trends, opportunities and challenges in the fishing sector, fostering the development of strategies that can “best position developing countries to develop their fisheries sectors in a sustainable manner and to maximize their economic benefit from the growth we expect to witness,” said Audun Lem, deputy-director in FAO’s Fisheries and Aquaculture Policy and Resources Division.
AB/IINA
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