Action on Illegal Fishing

While much of the fishing industry in this region has been fixated on LIFO and CETA as of late, on June 5 of this year, the PSMA was made legally binding around the world, with little mention or fanfare in this neck of the woods. While everyone is familiar with the acronyms LIFO (Last In-First Out) and CETA (Comprehensive Economic and Trade Agreement between Canada and the European Union), the PSMA (Port State Measures Agreement) is probably not on the tip of everyone’s tongue. So what ...