South Africa, Russia sign fisheries agreement of intent

The Department of Agriculture, Forestry and Fisheries (DAFF) has signed a statement of intent on co-operation in fisheries with Russia at the 5th Brics Summit currently underway in Durban.

This agreement will be beneficial to South Africa for a number of reasons, including capacitating human capital through training opportunities and combating unregulated fishing said Agriculture, Forestry and Fisheries Minister Tina Joemat-Pettersson.

 The statement of intent was signed for the conclusion of a future agreement on co-operation in the field of fisheries. This future agreement will be based on the conservation and rational use of living marine resources; the prevention, deterrence and elimination of illegal, unreported and unregulated fishing; and the exchange of information and data on the fisheries-related issues, among others. These are of interest to both parties.

South Africa currently exports no fisheries’ products to Russia. The statement of intent recognises the importance of technical and economic cooperation among developing countries through the exchange of information, experience and research in the field of fisheries.

 Oranges, grapes, grapefruit and apples are among the top 10 agriculture and forestry products that are exported to Russia.

 The Minister said poaching has major repercussions for the sustainability of South Africa’s resources.  

 Fisheries are a major contributor to South Africa’s economy. The commercial sector contributes roughly R6 billion into the economy.

 Brics is an acronym for the powerful grouping of the world’s leading emerging economies, namely Brazil, Russia, India, China and South Africa.

(edited)

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