Tuesday, May 12, 2020

U.S. Aquaculture: While House Goes Full-Bore In Support Efforts

Following up on May 8's "The U.S. Seafood Industry Is Looking for a $3 Billion Bailout" I wonder if this is a WTO illegal subsidization case.
Two From The Fish Site. First up, May 8:

Trump targets “aquaculture opportunity zones”
President Trump has asked federal agencies to identify a series of “aquaculture opportunity zones” in a bid to breathe new life into the US economy as well as reduce the country’s seafood deficit.

The plan was outlined in a statement yesterday, explaining the latest Executive Order (EO) on American seafood competitiveness. The EO aims to increase coordination among agencies and clarify existing regulations to reduce barriers that currently limit offshore aquaculture in US federal waters.

Bill DiMento, president of Stronger America Through Seafood (SATS) and vice president of corporate sustainability and government affairs at High Liner Foods, said: “The United States has the technology, the skilled work force, the coastal infrastructure, and the growing market for healthy farmed seafood. Our country needs economic stimulus – not just in terms of immediate cash assistance, but also in the form of new job opportunities. Why not put Americans back to work in an emerging industry like aquaculture at a time when it is needed most? Today’s executive action recognizes and fulfills this need in a pragmatic, deliberate way that is long overdue.”

Aquaculture is the fastest-growing food sector in the world, but the US ranks only 16th in the production of farm-raised seafood. SATS believes that the expansion of offshore aquaculture will help to address the country's $15 billion annual seafood trade deficit....MORE
And May 11:
Hopes raised by Trump's aquaculture order
North American aquaculture firms have welcomed last week’s announcement by President Trump to step up the US offshore fish farming industry

The US president issued the first ever executive order to include provisions to improve the country’s aquaculture competitiveness and economic growth on Thursday. It pledged the development of “more efficient and predictable aquaculture permitting processes” and has been met with enthusiasm by companies including Innovasea and Cooke Aquaculture....
....MUCH MORE