I think every country's fish stock will be under a lot of...

I think every country's fish stock will be under a lot of pressure and become more valuable than minerals



Pacific nations have warned foreign fishing countries, including the United States, to expect more price hikes to the cost of fishing in their territorial waters.
The nations that makeup the Parties to the Nauru Agreement have told disgruntled nations that they will raise the daily fishing rate from $US6,000 to $US8,000 per boat from next January.
It will raise their total income to around $370 million.


After a meeting in Marshall Islands, their fisheries ministers issued a strongly-worded communique warning the US industry that the $63 million a year it pays to fish in the Pacific isn't enough and there may be more price hikes to follow.
The next negotiating session with the US is in Auckland in July.
The US fleet has 40 flagged purse seiners which fish almost exclusively in the waters controlled by the eight PNA nations.
The eight nations that makeup the PNA control more than half the global supply of skipjack tuna.
Dr Transform Aqorau, PNA's chief executive officer, told Pacific Beat the communique focused on the continuing abuse of Western and Central Pacific Fisheries Commission measures by some fishing states.
"What we're seeing is that there is a lot of boats that are coming into the fishery and they're competing for days and therefore the price of days has just gone up because there are just not enough days available," he said.
"So those that are going to want to be able to fish in the region have to compete against each other to be able to stay in the fishery.
http://www.abc.net.au/news/2014-06-17/pacific-tuna-agreement/5530420