AGP Executive Report
Last update: 10 hours agoEU Strategy: The European Commission’s Vision 2040 sets a 15-year course for fisheries and aquaculture, targeting stronger supply chains, investment and food security while protecting ecosystems. Fishing groups in Galicia say the plan risks sacrificing their sector. Industry Investment: DNV is buying a majority stake in Chilean consultancy Aquabench, aiming to expand digital tools and services for fish health, biosecurity and sustainability. Shellfish Farming: New York is adding $6.5 million for Islip’s shellfish hatchery, bringing funding for the new facility to $16.5 million; it supplies seed to farmers and supports oyster production and bay restoration. Trade and Exports: A Vietnam-EFTA trade deal will remove tariffs on Norwegian salmon when it takes effect and phase out mackerel duties over three years. Tanzania’s fish exports rose 11.3% to $181.6 million, with quality improvements cited as a driver. Cost Pressure: Salmon producers are bracing for a squeeze from rising fishmeal costs.
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