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Friday, 21 April 2017 01:47

Study on the subsidies to the fisheries, aquaculture, and marketing and processing subsectors in major fishing nations beyond the EU


The report on the study for the European Commission compiles data and information on fisheries subsidies within six of the world's major fishing countries:Japan, South Korea, Taiwan, China, Russia and the United States. The purpose of the study is to collate and standardise, to the extent possible, information on the value and scope of subsidies to the catching,aquaculture, and marketing and seafood processing sub sectors in six of the major fishing nations beyond the EU - Japan, South Korea, China, the Russian Federation, Taiwan and the United States. This information is intended to provide a current ‘state of play’ regarding key fisheries subsidies in each country.The study finds that subsidies for capture fisheries play a significant role in China, Taiwan, Japan, the US and South Korea, while aquaculture subsidies are the highest in Russia and China. The biggest subsidies go towards research, infrastructure, fuel (China) and insurance (Japan). The European Union is pushing to ban harmful fisheries subsidies that contribute to unsustainable fishing, in line with the United Nations' Sustainable Development Goal 14, which calls on the world to conserve and sustainably use the oceans. The two most damaging types of subsidies are those that increase the fish-catching capacity of fleets and those for fishermen who engage in illegal fishing activities.


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