Some countries bans foreign investment in fishing business

The European Union (EU) won today an agreement on fishing in the deep waters of the northeast Atlantic that will prohibit the catch to more than 800 meters of depth, a decision welcomed by the environmental organisations, but will an impact on foreign investments, no doubt about it.

The European Parliament, the Council and the European Commission (EC) reached agreement on a regulation concerning deep-water fisheries, which includes the prohibition of the practice of bottom trawling below 800 meters depth and provides for the introduction of closures in areas containing or likely to contain vulnerable marine ecosystems.


A strong compromise

We have achieved a balanced compromise that will protect the environment of the deep waters and their fish stocks, putting an end in addition to the uncertainty on the part of european fishermen,” he said in a statement, the european Fisheries commissioner, Karmenu Vella.

The agreement refers to the regulations on fisheries in deep waters, in force since 2003, and intends to adapt its provisions to the sustainability objectives of the new Common Fisheries Policy. The ships of drag may not be fishing below 800 metres, and areas with vulnerable environments will be closed to fishing below 400 meters. Also, measures will be adopted to increase the controls, as a method of reinforced observation to improve the scientific knowledge of the deep waters and designated ports to carry out the landings. It also provides for the possibility of withdrawal of fishing permits in case of not complying with the new rules.


Well-thought collaboration


“This agreement is a great advance of face-to respect the commitments made by the EU in the UN General Assembly and take advantage of these commitments to protect deep-water ecosystems in the waters of the EU”, said Matthew Gianni, of the organization’s Deep Sea Conservation Coalition (DSCC). “We urge the parties to proceed to a rigorous application of the Regulation once it has been formally adopted and we encourage the EU to continue to work with other countries to strengthen the protection of deep-water ecosystems in international waters,” he added.

Deep-sea species are fished at depths reaching 1,500 meters and account for around one percent of the landings in the Northwest Atlantic. The European Commission (EC) reported that Sweden does not propose that the American lobster (Homarus americanus) is declared an invasive species and that, in their place, will fight for the adoption of measures with a lower probability of disrupting the trade.

Last month, the EU carried out an extensive review of a proposal to ban the import of live lobsters from the United States and Canada, after which a panel of scientists came to the conclusion that Sweden had presented valid arguments in their request for proclaiming the lobster american an invasive species, reported CBC News. The Committee, however, of Invasive Species after he came to the conclusion that the inclusion of this species did not have enough sustenance, reported a spokesman of the EC. The news was well received by the fishermen of New England and Canada, by representatives of the Congress of the united States and by scientists.

In the opinion of Gilles Thériault, president of the consulting GTA Fisheries Consultants in Moncton, the news is good, but it was also what was expected. In this sense, said that a ban would have been excessive, given that in Sweden only found 32 locusts in its waters in seven years.