Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Pacific-New Zealand Fisheries Forum Underway

PRESS RELEASE – FOR IMMEDIATE USE

14 November 2012


Pacific-New Zealand Fisheries Forum Underway

A joint Pacific Islands and New Zealand fisheries forum, organised by the Pacific Cooperation Foundation (PCF) and the Pacific Islands Tuna Industry Association (PITIA) was held in Auckland today.

The Investment Forum brought together interested parties from the Pacific and New Zealand, and Pacific Cooperation Foundation CEO, Meg Poutasi, believes new partnerships will result from the day’s proceedings.

“We’re really happy with the outcomes from today and the level of feedback and interest we’ve had from the various parties that attended,” she says.

“Our aim at PCF is to create partnerships between New Zealand and the Pacific, and to increase export trade out of the region, so events such as today’s Forum are perfect opportunities to sow the seeds and create networking opportunities for this to happen.”

Some of the key points to come out of the forum include a need to create access to training and development networks, and that opportunities for strategic business connections and collaborations with China exist.

Whilst there are opportunities for the region, there are also challenges to overcome. The Forum identified several including access to finance and managing cost structures.

Achieving economies of scale and on-shore processing were identified as important for competitiveness, as well as the ability to provide value-added products and services. The ability to fish within Pacific nations’ waters and keep investment within these countries was also identified as critical to the sector.

Pacific Islands Tuna Industry Association Chair Charles Hufflett says the Pacific has the capacity and resources to take advantage of these opportunities, while addressing the challenges.

“While today has highlighted that there remain significant ongoing challenges to fisheries operations in the Pacific, today has also highlighted that there are significant opportunities that can be harnessed to address these issues,” Charles says.

“With assistance in continuing to develop the skill base of our labour force, infrastructure, and with meaningful investment, the Pacific has the capacity to grow sustainable industries that deliver real and lasting benefits to the region. Today’s discussions will result in positive steps in this direction.”

The Investment Forum ends today but members of the Pacific Islands Tuna Industry Association (PITIA) that have gathered in Auckland will for the next couple of days continue to have strategic discussions on current issues that impede fishing operations, and opportunities that remain underutilised by the industry. These two days are crucial for PITIA as an organization to gauge members’ views on a strategic way forward.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Pest Control: Mouse Blitz Team Leaves For Antipodes

The Million Dollar Mouse project to rid Antipodes Island of mice is underway with the departure of a rodent eradication team to the remote nature reserve and World Heritage Area. More>>

Gongs Got: Canon Media Awards & NZ Radio Awards Happen

Radio NZ: RNZ website The Wireless, which is co-funded by NZ On Air, was named best website, while Toby Manhire and Toby Morris won the best opinion general writing section for their weekly column on rnz.co.nz and Tess McClure won the best junior feature writer section. More>>

ALSO:

Pre-Budget: Debt Focus Risks Losing Opportunity To Stoke Economy

The Treasury is likely to upgrade its forecasts for economic growth in Budget 2016 next week but Finance Minister Bill English has already signalled that more of his focus is on debt repayment than on fiscal stimulus or tax cuts... More>>

ALSO:

Fulton Hogan's Heroes: Managing Director Nick Miller Resigns

Fulton Hogan managing director Nick Miller will leave the privately owned construction company after seven years in charge. The Dunedin-based company has kicked off a search for a replacement, and Miller will stay on at the helm until March next year, or until a successor has been appointed and a transition period completed. More>>

ALSO:

Gordon Campbell: On Electricity, Executions, And Bob Dylan

The Electricity Authority has unveiled the final version of its pricing plan for electricity transmission. This will change the way transmission prices (which comprise about 10% of the average power bill) are computed, and will add hundreds of dollars a year to power bills for many ordinary consumers. More>>

ALSO:

Half Empty: Fonterra NZ, Australia Milk Collection Drops In Season

Fonterra Cooperative Group says milk collection is down in New Zealand and Australia, its two largest markets, in the first 11 months of the season during a period of weak dairy prices. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news