Vietnamese seafood exporters fear new U.S., EU regulations on illegal fishingStaff Writer | October 5, 2017
The EU is set to rule this month on the Vietnamese seafood industry’s compliance with its regulations on illegal, unreported and unregulated (IUU) fishing, and the U.S. has just announced new rules relating to the same issue.
Asia The EU fisheries working group
Earlier this year, the EU fisheries working group announced that Vietnam is likely to receive a yellow card from EU inspectors, particularly if it did not fulfill IUU fishing requirements related to anti-mining. Such a ruling could have far-reaching implications for the country’s seafood exporters.
September 30 was the deadline for Vietnam to show improvements on the requirements, and the ruling will be issued at the meeting on October 20 by the EU mission to the Government Office, Ministry of Agriculture and Rural Development, VASEP and some agencies related to IUU.
A yellow card creates nervousness among EU retailers about seafood imported from that country, and they may look elsewhere to buy.
Other import markets will also strengthen checks of seafood exported by that country.
If a country gets a red card, its seafood products will be banned in the EU. ■