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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]
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 ...
As illegal, unregulated and unreported fishing—or IUUF—strains global fish populations, world leaders are paying more attention to the sea. ... "The good spots for tuna fishing are not spread ...
Illegal and unreported fishing contributes to the reduction in fish stocks and hinders the ability for fish populations to recover. It is believed that between 10 billion and 23 billion instances of illegal and unreported fishing happen annually, with communities in developing countries being more likely to partake in these illegal activities. [47]
Unreported and unregulated fishing takes in 11 million to 26 million metric tonnes of fish each year worth $10 billion to $23 billion, according to the U.N. Food and Agriculture Organization.
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.
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]
The fishing industry is worth $4 billion annually, as of 2010. [18] Fish harvesting and processing corporations are invested in the political process to maximize their profits, to protect against foreign competition and to prevent regulations from making their proprietary information available to the public.