Strengthened Policy and Regulatory Framework for the Use of Fish Resources Sample Clauses

Strengthened Policy and Regulatory Framework for the Use of Fish Resources. Carrying out by the Recipient of a comprehensive review and adaptation of its policy and regulatory framework for fisheries with a view to achieve a more sustainable and profitable use of its fish resources, and including: (i) the review of the institutional arrangements necessary to finalize and implement the National Strategic Plan and its medium-term goals; (ii) an encompassing revision of the general fisheries laws, so as to incorporate updated regulations on industrial and artisanal fisheries, special regimes for conservation areas, co-management arrangements, vessel monitoring systems, and fish inspection and quality control; (iii) the development of revised regulations for the industrial fisheries, MCS and Fish Inspection Systems, including rules supporting the development and implementation of future Fisheries Management Plans (FMPs), the production of revised licensing arrangements favoring longer-term commitments and access rights, and the establishment of catch and reporting requirements for vessels; (iv) the preparation of annual FMPs for the coastal shrimp, cephalopod and demersal fish species, including an update of the existing FMPs for the industrial fisheries and the production of new FMPs for the artisanal fisheries; (v) the carrying out of a study to determine the policy/regulatory frameworks required to incentivize industrial fishing companies to invest on land (nationally) in exchange for secured extended fishing rights (access); and (vi) the strengthening of the Recipient’s coordination of development aid and international/private sector agreements supporting the fisheries sector assistance, including provision of training to the Fisheries Secretariat for the implementation of the revised policy and regulatory framework resulting under this Part 1.1.
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