Report: Finland’s Baltic Sea Fisheries at a Crossroads – societal cost or asset
A new report shows that Finland’s current large-scale trawl fishing in the Baltic Sea results in a socio-economic loss of nearly five million euros per year. This is at a time when several fish stocks are at dangerously low levels. Calculations also show that a new fisheries policy shifting focus from industrial trawling to primarily coastal fishing for food fish could generate socio-economic benefits of up to 25 million euros annually.
Finland’s herring catches in the Baltic Sea have fallen significantly since the peak year of 2016. Despite catches falling by nearly 60 per cent, several fish stocks are at critically low levels. Previously valuable and prized food fish such as Baltic cod and salmon have declined dramatically and can no longer be fished due to fishing bans.
Read full announcement (external link)
Originally published on 30 Mar
Announcements are published as a service to readers. The sender is responsible for all content. Announcements for publication can be submitted to announcements@thehanseatic.com.
Estonia opened the first Business Hub in U.S. Located at the Embassy of Estonia in Washington, D.C., the Business Hub will serve as a bridge between Estonian companies and the vast business opportunities in the U.S. market. A delegation of Estonian defence industry innovators was present at the opening event, also attending the annual AUSA conference.
Read full announcement (external link)
Originally published on 17 Oct