"We have been renegotiating this treaty since 2009, when its total value was in the order of $21 million," said James Movick, director general of the Forum Fisheries Agency (FFA).
"During that time, the Pacific Island parties were able to secure an increase to $42 million in 2011, and then again to $63 million in 2012."
As tuna stocks in the rest of the world dwindle, the Pacific has become the global epicentre for the industry. |
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