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Memorandum of Understanding between South Africa and Chile to create opportunities for the fishing sector
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Memorandum of Understanding between South Africa and Chile to create opportunities for the fishing sector

Wednesday November 6, 2024

The South African Government has signed a Memorandum of Understanding (MoU) with the Government of the Republic of Chile on cooperation in the areas of fisheries and aquaculture.

“Through this strategic partnership, South Africa and Chile aim to create new opportunities for development and innovation in the fisheries and aquaculture sectors, ensuring that marine resources are managed responsibly and sustainable for the benefit of both countries”, declared the Deputy Minister of Forests, Fisheries and Aquaculture. Environment Narend Singh said on Monday.

This agreement marks an important milestone in strengthening bilateral relations and collaborative efforts between South Africa and Chile in promoting sustainable fisheries and aquaculture.

“This memorandum of understanding establishes a formal framework for cooperation aimed at the responsible and sustainable management of fisheries and aquaculture resources, with both countries recognizing the importance of these sectors for economic growth, employment and food security.

“The collaboration builds on discussions initiated during the 2016 Joint Commission on Trade and Investment and strengthens existing bilateral relations,” the Ministry of Forests, Fisheries and Environment said.

The main areas of cooperation outlined in the MoU include:

• Fisheries and aquaculture research: supporting scientific advances in sustainable practices.
• Exchange of technologies and best practices: promotion of modern aquaculture technologies and responsible farming methods.
• Capacity building and knowledge sharing: improving expertise in artisanal and industrial fisheries management, regulatory approaches and enforcement measures.
• Fight against illegal, unreported and unregulated (IUU) fishing: joint efforts to combat fishing-related crimes that impact marine resources.

In line with international frameworks, both countries will collaborate with relevant international forums and regional fisheries management organizations to uphold best practices and principles of sustainable resource management.

A joint technical committee, as outlined in the MoU, will be established to oversee the implementation of these initiatives and coordinate regular bilateral meetings to ensure continued cooperation. –SAnews.gov.za