Oct. 12, 2016, Bangkok - Thai Union Europe has signed a Memorandum of Understanding (MoU) to launch a Fishery Improvement Project (FIP) for the Indian Ocean.
The MoU was signed with the Republic of Seychelles, Republic of Mauritius, WWF; and industry represented by Princes Limited, purse seine fleets and their associations.
Through the launch of the FIP, the parties aim to meet the sustainability standard set by the Marine Stewardship Council (MSC).
Work will begin immediately on the development of a work plan to implement the tuna fisheries improvement project, in consultation with WWF. The major activities, improvement areas, action plan and key performance indicators that all partners will have to commit to achieve within the five years of the FIP will be outlined in the plan.