- CSE.SAS
- Posts : 263
Join date : 2014-02-23
EU ban on Sri Lankan fish exports completely lifted
Prior to the ban imposed in January 2015, the EU accounted for nearly one-third of Sri Lanka’s fish exports in terms of volume and about 40 per cent of the exports in terms of revenue Against the total fish export earnings of $ 267 million that year, Sri Lanka got $ 108 million from the Europe.
The ban was imposed on the ground that Sri Lanka indulged in “illegal, unreported and unregulated fishing.”
The EU Commission’s recommendation to revoke the ban had been forwarded to the EU Council in April and this was expected to come into legal effect by July.
In the run-up to the EU’s decision, the Sri Lanka government took a number of steps to have the ban lifted. Rules and regulations were introduced in tune with international norms and new regulations framed for high seas fishing. A national plan was prepared to counter illegal, unreported and unregulated (IUU) fishing.
Though the EU had decided to impose ban in October 2014, it implemented the decision three months later.
- See more at: http://adaderana.lk/news/35701/-eu-ban-on-sri-lankan-fish-exports-completely-lifted#sthash.UCXuLTZL.dpuf
- harieshaTop contributor
- Posts : 1329
Join date : 2014-04-09
European Union completely lifts ban on import of Sri Lanka seafood
The European Union (EU) has completely lifted the ban on fisheries exports from Sri Lanka, the Government Information Department said yesterday.Sri Lanka was one of the biggest exporters to the EU of high value fishery products such as fresh and chilled swordfish, tuna and tuna-like species.
Seafood exports were severely hit by the ban and continued to decline since the announcement of the ban in October 2014. In the year 2015, Sri Lanka’s seafood exports declined 35.5% to US$ 163.1 million compared to $ 252.7 million earned in 2014. Sri Lanka’s fish exports to the EU make up 68% of its total fish exports.
Sri Lanka was the second biggest exporter of fresh and chilled swordfish and tuna to the EU with euro 74 million ($ 81 million) of imports in 2013.
unregulated (IUU) fishing.
The EU, in January 2015, imposed a ban on Sri Lanka’s fish exports to European countries, which was the major export market for Sri Lanka, as a result of engaging in Illegal, Unreported and Unregulated (IUU) fishing activities.
The EU Commission’s recommendation to revoke was forwarded to the EU Council in April and the EU Parliament has approved it this week. - See more at: http://www.ft.lk/article/548996/European-Union-completely-lifts-ban-on-import-of-Sri-Lanka-seafood#sthash.KHw6x9lr.dpuf