Caribbean council OKs common fisheries policy

The Council for Trade and Economic Development (COTED), comprised of ministers responsible for agriculture from across the Caribbean Community (CARICOM), has confirmed the Caribbean Community Common Fisheries Policy as a final policy document for the Community.

The Caribbean Community Common Fisheries Policy (CCCFP) is aimed at fostering greater harmonisation across the Caribbean in the sustainable management and development of the region’s fisheries and aquaculture resources, with special emphasis on promoting the most efficient use of shared resources while aiming to improve food security and reduce poverty in the region.

The Caribbean Court of Justice (CCJ) has said that CARICOM policies, once authorized by COTED, are binding on the countries. At its meeting held in Suriname last Friday, 10 October 2014, COTED gave its stamp of approval to the CCCFP and said that the newly authorized policy should be applied by member states as far as possible. The formal signing of the CCCFP by member countries is expected to commence in the months ahead.

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