The mission of the Fisheries and Aquaculture Department of FAO is to facilitate and secure the long-term sustainable development and utilization of the world's fisheries and aquaculture. FAO is acutely aware of the fundamental social and economic role played by these two sectors in:
Meeting global and national sustainable food security.
Providing self and paid employment for fishing and aquaculture related communities as a means of alleviating poverty in these fishing communities and stemming rural/urban drift.
Cod captures register strong decline off New England United States
Since a while ago, the United States has been forced to import cod from Norway, Russia or Iceland in the north Atlantic due to the decline of the fishery in New England, where the federal government has reduced capture quotas.
Two subsidiaries of Pacific Andes request to be declared bankrupt Hong Kong
As part of its restructuring process, Pacific Andes International Holdings (PAIH) announced that two indirect subsidiaries, Golden Target Pacific Limited and Nouvelle Foods International Limited, have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.