GLOBAL SEAFOOD INDUSTRY SUSTAINABILITY

Abstract

Ensuring ocean sustainability has become a global challenge, as unsustainable practices threaten marine biodiversity, fish stocks, food security and livelihoods. The objective of the paper is to identify the key challenges facing the world’s oceans and seafood industry as well as the policy options and reform opportunities for the global trade system to support a transition towards sustainable seafood industry and healthier oceans. The policy options are: closing the market for illegal, unreported, and unregulated fishing; disciplining fisheries subsidies; and addressing tariff and non-tariff measures.