Tokyo-based ITOCHU Corporation has offered to inject money into growing Sri Lanka's banana and fishing industries and to help expand the export opportunities for those products.
Specifically, ITOCHU has offered to invest in banana cultivation and tuna fishing, according to the Economic Development Ministry.
Kouhei Watanabe, chairman of the Japan-Sri Lanka Business Co-operation Committee and senior cooperate advisor to ITOCHU, met with the Minister of Economic Development Basil Rajapaksa and told him that ITOCHU was also working on developing Sri Lanka's infrastructure, transport sector and coal power plants. The discussion took place when Watanabe headed a Japanese business delegation to hold discussions with Minister Rajapaksa at the Ministry this week.
Chinese fishing firm fined for tuna fishing illegally New Zealand
Chinese authorities have deregistered and fined a Chinese commercial fishing company approximately USD 596,000 for misreporting bluefin tuna catches and fishing without a licence adjacent to the New Zealand Exclusive Economic Zone.
ICES recommends cod quota cut for 2018 Norway
The International Council for the Exploration of the Sea recommends a 20 per cent drop in next year’s cod quota in the Barents Sea, which should not exceed 712,000 tonnes
Chile to support Latin American countries to eradicate illegal fishing Chile
Representatives from Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Peru and the Dominican Republic are participating this week in the first international workshop to strengthen capacities and measures to prevent, discourage and eliminate IUU Fishing.
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