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Illegal, Unreported, and Unregulated (IUU) Fishing poses a global challenge and has significant economic and environmental repercussions. [5] The impact of IUU fishing includes economic losses, job losses, scarcity, price distortion, food insecurity and unfair competition, [6] together with the depletion of fish populations and damages to the marine habitat. [7]
The Agreement on Port State Measures to Prevent, Deter and Eliminate Illegal, Unreported and Unregulated Fishing (referred to in short as the Port State Measures Agreement (PSMA)) is a 2009 international treaty of the Food and Agriculture Organization (FAO) designed to prevent and eliminate illegal, unreported and unregulated fishing.
These standards require that management measures actually prevent overfishing, are based on the best scientific information available, and are fair and equitable. If allocations of allowable catches are necessary to prevent overfishing or rebuild overfished stocks, such allocation schemes do not allow sectors of the industry to obtain an ...
In 2020, the Coast Guard declared illegal, unregulated and unreported fishing—or IUU—the top global security threat in the high seas, and since then has worked to step up operations in the ...
"Ultimately at the end the day, the thing that drives illegal fishing is money, just like everything else in the world. And there's tons of money to be made, there's a huge market for fish."
Fisheries crime describes the wide range of criminal activity that is common along the entire value chain of the fishing sector. [1] It often occurs in conjunction with Illegal, unreported and unregulated fishing (IUU), but next to illegal fish extraction include for example corruption, document fraud, tax evasion, money laundering, kidnapping, human trafficking and drug trafficking. [1]
Illegal, unreported, and unregulated fishing [ edit ] NOAA Fisheries works with U.S. government agencies and foreign governments to implement domestic and international policies and plans for addressing illegal, unreported, and unregulated (IUU) fishing in United States waters and internationally.
A fisheries subsidy is a government action that confers an advantage on consumers or extractors of fish in order to supplement their income or lower their cost. Fisheries subsidy are addressed in sustainable development goal 14 where target 14.6 works on prohibiting subsidies contributing to overcapacity and over fishing, unreported and unregulated fishing and refrain from new such subsidies.