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INTERNATIONAL FISH TRADE by Ferique Shortte Free Powerpoint Templates Page 1 CONTENTS • Overview of International Fish Trade and its Benefits • Past and Present Trend in Fish Trade • Legislative Framework Free Powerpoint Templates Page 2 International Fish Trade & Food Security • Fish is a good source of animal protein, micronutrients & essential fatty acids. (Omega-3) • Socio-economic and cultural role linking to longestablished traditions and food habits. • In developed states approx. 80% of the population obtain < 20% of their animal protein from fish. • Approx. 60% of people in developing countries rely on fish for over 30% of their animal protein. • Fishing industry provides job opportunities & generate significant revenue for states. (55mil ppl) Free Powerpoint Templates Page 3 Benefits of Fish Trade to Developing States NATIONALLY - Revenue from fishery products exports, such as lobster, conch or shrimps that procure high value in developed countries, can be used to purchase alternative & relatively inexpensive food, which can then becomes available to nutritionally susceptible regions of the population. HOUSEHOLD – Increases in fish exports provide new jobs and increase income levels along with purchasing power. Free Powerpoint Templates Page 4 HIGH VALUE FISHERY SPECIES Free Powerpoint Templates Page 5 Free Powerpoint Templates Page 6 Fish Trade at Present • Global population estimated 6 billion people. • Global Fish trade is worth USD $109 bil. 2010 • 50% total catch originate from developing states. Free Powerpoint Templates Page 7 Contributing Factors to Recent Upsurge in International Fish Trade • Increased awareness of the health benefits of fish as food. • The sanitary problems confronting beef and poultry. • Increase income and urbanization. Free Powerpoint Templates Page 8 FUELING THE TRADE IN FISH & FISHERY PRODUCTS • Aquaculture is helping to ease the stress on wild fishery. • 62.7 million tonnes traded in 2011 = USD $130 billion (China > 60% production). • Capture fisheries is declining. • Aquaculture is contributing to any increase there is to global fish trade. Free Powerpoint Templates Page 9 RATIONALE: INTERNATIONAL LEGAL FRAMEWORK FOR FISH TRADE As a product of international trade fish is governed under general international trade law rules; conversely, as a commodity, fish trade displays some distinct features (e.g. askew geographical distribution, their exhaustibility, high natural-resource dependency in some economies, and tendencies towards high price instability) that require some special rules (e.g. rules or origin; product certification; catch & trade documentation) Free Powerpoint Templates Page 10 Legal framework governing international trade in fish • NONE SPECIFICALLY Governed by: • International • International • International • International fisheries law environmental law trade law health standards Free Powerpoint Templates Page 11 Framework Under Fisheries Treaties LOSC UN Fish Stocks Agreement FAO Compliance Agreement FAO Code of Conduct for Responsible Fisheries (art 6.14) • IPOA-IUU (art 66) • FAO Port State Measures Agreement • Regional Fisheries Management Organizations • • • • • Specific instruments on trade measures are found only in the FAO Code of Conduct and the IPOA-IUU Free Powerpoint Templates Page 12 The Functions of the GATT/WTO • Administering trade agreements • Acting as a forum for trade negotiations • Settling disputes • Reviewing national trade policies Free Powerpoint Templates Page 13 Key Principles of International Trade law • The Most Favoured Nation (MFN) • Generalized System of Preferences (GSP) • Rules of Origin (RoO) • National Treatment Principle • Quantitative Restrictions • Transparency Free Powerpoint Templates Page 14 GATT Article XX – exceptions to Principles Subject to the requirements that such measures are not applied in a manner which would constitute a means of arbitrary or unjustified discrimination … nothing in this agreement shall be construed to prevent the adoption or enforcement of measures…. (b) necessary to protect human, animal or plant life or health… ((SANITARY and PHYTOSANITARY MEASURES (SPS))Sanitary (g) relating to the conservation of exhaustible natural resources if such measures are made effective in conjunction with restrictions on domestic production or consumption. Free Powerpoint Templates Page 15 Criteria for adopting trade measures • Be applied in harmony with the principles, rights and obligations of the WTO • Fair, transparent, and non-discriminatory • Based on scientific principles • Avoid unilateral trade measures • Should not directly or indirectly create unnecessary or hidden barriers to trade • Should not condition access to markets to access to resources - Possible exception is bilateral fisheries agreements Free Powerpoint Templates Page 16 CONCLUSION • Fish trade is necessary as an important contribution to the economy, livelihood and food security of developing states. • Trade is necessary to provide a high source of protein to an ever increasing global population. • Just like all other products, fish and fishery products are govern by the same set of laws. • It is important that trade policies be regulated. Free Powerpoint Templates Page 17 THANK YOU!!! Free Powerpoint Templates Page 18