In her summary of the September 13th meeting of the Falkland Islands Executive Council, given today on the Falkland Islands Radio Service, Councillor Dr.Andrea Clausen said that some possible changes to the Falkland Islands tax regime had been discussed in the light of the Fisheries Legislation introduced in 2005.
Despite cod stocks in the United Kingdom waters being at risk, fishermen are being forced to throw thousands of tonnes back into the sea dead while Iceland, an important supplier for much of Western Europe, is cutting the amount of cod it catches because of concern over falling stocks.
The fisheries industry in the Patagonia region is going through a critical moment attributed to a combination of factors that include tax measures, operation costs significantly rising, a slump in international prices, and prolonged biological bans, stated the sector's chamber.
Argentine Patagonia province Chubut will launch a satellite control programme for artisanal fishing vessels operating along its coasts similar to that used for land transport. The initiative is part of a certification process so that produce can be marked by origin and classified according to zones.
The New Zealand Residence House hosted a send-off Wednesday for a Chilean delegation heading to New Zealand to study the country's protection and management of marine resources.
Next October two fishing vessels which figure as registered in the Falkland Islands will be auctioned for the second time to cover debts owed by Pardhelas Fishing Company to a maritime supplier from Punta Arenas in the extreme south of Chile.
Hake (Merluccius hubbsi) landings in Argentina totaled 189.756 tons to August 31, which is 13% less than the same period of 2006, according to figures released by the National Fisheries Sub-Secretariat, a branch of the Secretariat of Agriculture, Livestock, Fisheries and Foods, SAGP&A.
Global economic growth is likely to be dampened by the turbulence which has swept world markets said a spokesperson for the International Monetary Fund (IMF).
Uruguayan fisheries exports reached 105 million US dollars in the first half of this year, which represents a 13% increase over the same period a year ago according to Daniel Montiel, head of the Uruguay's Aquatic Resources Office, Dinara.
Falkland Islands license fees for the 2008 Illex squid season will remain at 2007 levels. The decision was confirmed during the August meeting of the Falklands' Executive Council in spite of the fact that 2007 has proved one of the best years on record in terms of level catches.