No.12/13--Week of 22-26 June, 2009; 29 June-3 July, 2009
• The Brussels-based African, Caribbean and Pacific (ACP) group has decided to establish an internal coordination and cooperation mechanism for sustainable fishery.
The mechanism will aim to help ACP countries move towards a sustainable management of their resources and effectively tackle challenges facing their fishery industries.
According to officials, the mechanism will include drastic requirements in terms of exports, necessary infrastructure and technical know-how to obtain the most from resources through value-added activities. Fishery ministers of the group expressed their deep concern over the ongoing financial meltdown with respect to the fishery sector, due to the over-capacity of global fleets, the illegal, unregulated, and unreported (IUU) fishin