Press Release

MSMEs are an important aspect of fisheries in APEC

19/05/2018

The Oceans and Fisheries Working Group (OFWG) commenced its meeting on Friday 18 May 2018 focusing on improving the MSMEs placing on the value chain for job creation and business for economic growth and development.

The Oceans and Fisheries Working Group (OFWG) commenced its meeting on Friday 18 May 2018 focusing on improving the MSMEs placing on the value chain for job creation and business for economic growth and development.

Spokesperson from the Managing Director’s office of the National Fisheries Authority, Mr Jacob Wani said participation and discussions during the two days workshop on Global Food Value Chain Framework will set the basis to help improve competitiveness, enhance market access, increase trade and investments flows, identify challenges and reduce barriers to trade for MSMEs within the APEC region.

“There is a need to address the MSMEs struggle in the fisheries sector as there is limited access to business opportunities.

“Global Value Chain is a big field.

“Our workshop will focus on specifically on global food value chain to identify challenges or bottle necks in the supply chain and propose policy recommendations to address these challenges,” said Mr Wani.

He said that the recommendations would improve fisheries MSME’s to place them on a level-playing field on the global value chain.

“There are many informal MSMEs and the challenge is to bring them into the formal sector.

Mr Wani said the outcomes of the workshop would give NFA enough support as a state-owned entity to push for more backing for the involvement of the MSMEs in the fisheries sector in Papua New Guinea and in unison to support economies in the APEC region as well.

“This workshop presents a great opportunity for us to share our unique experiences given our different backgrounds, cultures and practices in promoting and supporting fisheries especially MSMEs.

“For the millions of Pacific islanders, the Pacific Ocean is their lifeline. Its coastal and marine environments sustain a multitude of important activities that fuel local, national and international economies and provide livelihoods and food security for the islanders.

“APEC’s member economies along the Pacific Rim accounts for 70 per cent of global fish-product consumption and is amongst the top ten producers in the world.

“This makes APEC important when it comes to addressing economic and social impacts related to oceans and their abundance,” said Wani.

OFWG was formed in 2011 and it is a merger of working groups that focus separately on marine resource conservation on fisheries. The working group is committed to:

• Facilitate trade and investment opportunities that promote the sustainable use of fisheries, aquaculture and marine ecosystem resources; • Ensuring the conservation and sustainable use of marine resources as well as protection of marine ecosystems needed to support fisheries and aquaculture; and • Promoting a common approach to preventing illegal fishing and related trade.