South Korea's fishery laws improve
South Korea’s innovasion of its Distant Water Fisheries Development Act is crucial progress in tackling illegal fishing, while it allows deterrent sanctions to be applied efficiently.
Last month, the U.S. placed South Korea on a preliminary list of countries engaged in illegal fishing. The Korean government reacted quickly by addressing flaws in the Distant Water Fisheries Development Act that had made it difficult to sanction illegal vessels. The government is now able to take action quickly and effectively when they find a vessel has fished illegally.
Korea signed a joint statement with the EU in fight against illegal, unreported and unregulated fishing in Oct 2018. Korea is the first country with whom the EU signed a joint statement on IUU fishing among the countries that were previously issued the EU yellow card warning.
Maritime Business World