Parties to the Nauru Agreement Members

Parties to the Nauru Agreement Members

Parties to the Nauru Agreement Members: An Overview

The Parties to the Nauru Agreement (PNA) is a unique and effective fisheries management organization that was established in 1982. The PNA is a coalition of eight Pacific Island countries that work together to manage and develop their valuable tuna fisheries in a sustainable way.

The PNA members are Papua New Guinea, Solomon Islands, Kiribati, Tuvalu, Marshall Islands, Nauru, Federated States of Micronesia, and Palau. These countries have exclusive economic zones (EEZs) which cover a total of 14.8 million square kilometers of ocean, making up one of the largest tuna fishing grounds in the world.

As PNA members, these countries have come together to form a strong regional partnership that has helped to increase the value of their tuna resources. By working together, they have been able to negotiate better terms with buyers and have established initiatives such as the Vessel Day Scheme (VDS), which has been hugely successful in managing and conserving their tuna stocks.

The VDS is a market-based system that allows PNA countries to sell fishing days to fishing vessels, which are limited by a set amount per year. This scheme has helped to reduce overfishing and has increased the value of tuna resources for PNA members.

In addition to the VDS, the PNA has also established the Parties to the Nauru Agreement Office (PNAO), which is responsible for implementing the group’s decisions and policies. The PNAO is based in the Marshall Islands and works closely with governments, stakeholders, and international organizations to ensure the sustainable management and development of the PNA’s tuna resources.

Furthermore, the PNA has also been instrumental in promoting social and economic development in their respective countries. By working together to develop their fisheries, PNA members have been able to generate significant revenue that has been used to fund education, health care, and other social services for their citizens.

In conclusion, the Parties to the Nauru Agreement (PNA) is a unique and effective organization that has made significant progress in managing and developing the valuable tuna resources of its member countries. Through initiatives such as the Vessel Day Scheme and the Parties to the Nauru Agreement Office, these countries have established a strong regional partnership that has helped to promote sustainable development and economic growth in their respective countries.