President Weah Signs into Law Act Amending the National Fisheries and Aquaculture Authority Law to the Fisheries and Aquaculture Management and Development
Monrovia – President George Weah has signed into law an Act amending the National Fisheries and Aquaculture Authority Law to the Fisheries and Aquaculture Management and Development.
President Weah appended his signature to the legal instrument November 26, 2019 following its passage by the 54th National Legislature sitting in its Second Session.
The amendment of the Act provides effective managerial and operational leverages to the national entity to appropriately execute its functions.
The government of Liberia through the National Fisheries and Aquaculture Authority (NaFAA) and the Ministry of Commerce Friday, November 22, signed a Technical Cooperation with the Ghana Standard Authority as a temporary arrangement for the certification and testing of Liberian Fish and Fish Product only for export to the European Union market.
According to a NaFAA press release, prior to this arrangement, the Legislature under the Weah led government signed unto the economic partnership agreement, which is the framework for implementing the REX.
The program allows export to EU market on a zero% tariff basis. This is the first time that Liberia fish and fish products will be exported to the EU market, which is consider a gateway for other Liberian products to hit the EU market.
In another development, Liberia through NaFAA for the first time has Flagged Two Tuna Purse seiners of Sovereign Trade Services a Liberian registered company (industrial pelagic fishing vessels) on its domestic vessel registry and attracted investment to start operating by January 2020.