Export revenue increase “very likely” after obtaining MSC certification: Minister of State for Fisheries and Agriculture
29 Nov 2012, 6:20 PM
Luke Powell
Minister of State for Fisheries and Agriculture Hussain Rasheed Hassan has revealed export prices for tuna are “very likely” to increase following the decision to award Marine Stewardship Council (MSC) certification to the Maldives’ pole-and-line skipjack fishery.
The certification was awarded on Monday (November 26), making it the first Indian Ocean tuna fishery to receive the certification.
The MSC ‘eco-label’ is said to provide consumers with the assurance that a product is traceable back to a certified and sustainable source.
According to Rasheed, many European supermarkets have committed to buying tuna caught in the Maldives until 2014, leading to hopes that the certification will bring further positive effects to the industry.
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