Tuvalu and Korea Overseas Fisheries Association Sign Historic 2025 Fisheries Access Agreements

Amid the bustling proceedings of the 21st annual meeting of the Western and Central Pacific Fisheries Commission (WCPFC), the Government of Tuvalu (GOT) has formalized two significant access agreements for the 2025 fishing season.

The first agreement, signed with the Korea Overseas Fisheries Association (KOFA), governs fishing activities by Purse Seine vessels within Tuvalu’s Exclusive Economic Zone (EEZ). This landmark deal underscores Tuvalu’s commitment to sustainable fisheries management and cooperative international partnerships. Terms of the agreement ensure that KOFA members’ fishing activities comply with both national regulations and international conservation standards.

Key provisions of the KOFA agreement include:
• Regulated Access: Licensing procedures and operational guidelines for Purse Seine vessels.
• Sustainability Commitments: Adherence to regional conservation measures, including reporting obligations, bycatch reduction, and strict catch limits.
• Economic Contributions: Revenue generation through access fees and support for Tuvalu’s fisheries sector development.

In addition, Tuvalu signed an access agreement with TUDO, a private fishing company that has maintained longstanding partnerships with the GOT through prior agreements. This renewed collaboration reflects TUDO’s continued commitment to responsible fishing practices and support for Tuvalu’s economic and environmental goals.

Tuvalu’s Director of Fisheries, Samasoni Finikaso, highlighted these accords as significant turning points in striking a balance between the development of economic opportunities and the sustainable use of Tuvalu’s maritime resources. Representatives from KOFA underlined their dedication to conducting business in Tuvalu’s waters in an ethical manner, and TUDO restated its position as a reliable regional partner.

These agreements, finalized during the dynamic discussions at WCPFC 21, highlight Tuvalu’s proactive leadership in regional fisheries governance and its dedication to fostering partnerships that prioritize sustainability and mutual benefits.