General / Uncategorized / Weekend News

Factors of fishing operations in the Caribbean to be discussed

By Marion Ali, Assistant Editor

The Caribbean Regional Fisheries Mechanism (CRFM) will hold a validation workshop at the United Nations House in Barbados this week to review the findings of a study completed in Belize last week.

The assembly will chart a necessary course of action to mitigate the rising cost factors on fishing operations in the Caribbean.

CRFM Executive Director Milton Haughton is expected to present a general overview of the project and explain what the forum should achieve.

Several factors, such as capital, labour, maintenance and energy costs
were considered during the study, which included select CRFM member states.

Participants at this week’s meeting will finalize the formal report on the findings of the study, and propose workable policy options and strategies to improve efficiency, productivity and sustainability in the fisheries sector. The end goal is to improve competitiveness and profitability at the local, regional and international levels.

The CRFM will prepare a policy brief for action by Caribbean leaders, to highlight the salient points and recommendations, including policy options and strategies to increase efficiency, productivity and sustainability of the fisheries and aquaculture sector.

Comments are closed.