Trade in sustainable fisheries and aquaculture

The conservation of oceans and seas, including fish and marine species, gained significant impetus with the adoption of new Sustainable Development Goals (SDGs) by the United Nations in September 2015. Goal 14 on the conservation and sustainable use of oceans and seas and marine resources provides strong guidance for action by the international community. Interaction between instruments seeking the conservation of wild fish stocks and marine species on the one hand, and the trade regime on the other, will shape the way in which we harvest, process and trade fish. Fish stocks conservation is an urgent concern that cannot continue unaddressed. This note provides a forecast on how the fish and world trade regimes will look like five years after the implementation of SDGs in 2035. Three main trends are likely to affect the supply and demand of fish and fish products. In the trade realm, these trends point to a selective and incremental incorporation of marine live and fish conservation measures in the multilateral trading system, and regional trade agreements in particular. By 2035, wild marine catch will grow only slightly while aquaculture products will fill the gaps in order to address increasing demand. Moreover, tariffs on fish and fish products will be lower, non-tariff measures will continue to proliferate while some unfair practices such as subsidies and IUU fishing activities will be addressed at the multilateral and regional levels

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