Commissioner Vella said: "Putting an end to illegal fishing is one of the main objectives of the EU's international ocean governance agenda. By joining forces with the Republic of Korea, a world player in fisheries, we send a clear message to those breaking international law that there is no place for such products on our markets and we will continue to fight illegal fishing until we have fully eradicated it."
With the new partnership, in line with the objectives of the EU's Ocean Governance strategy, the EU and the Republic of Korea will:
- exchange information about suspected IUU-activities
- enhance global traceability of fishery products threatened by Illegal, Unreported and Unregulated fishing, through a risk-based, electronic catch documentation and certification system
- join forces in supporting developing states in the fight against IUU fishing and the promotion of sustainable fishing through education and training
- strengthen cooperation in international fora, including regional fisheries management organisations.
The Republic of Korea and the European Union have been working closely together on IUU fishing for several years already. The Republic of Korea is the fourth country with whom the EU signs a joint statement on IUU fishing, following the USA, Japan and Canada. Together, these five economies imported almost 90 billion euros worth of fish and fisheries products in 2017.
Illegal, Unreported and Unregulated fishing constitutes one of the most serious threats to sustainable fishing and to marine biodiversity in the world's oceans, with devastating environmental and socio-economic consequences. These consequences are particularly challenging for coastal communities in developing countries, who rely on fisheries for food and employment. Globally, IUU fishing is estimated to deprive coastal communities and honest fishermen of up to 20 billion euros of seafood and seafood products per year.
Background
The EU is internationally recognised for its leadership in the fight against IUU fishing. Under EU legislation, only fish that is legally caught can be sold on the EU market – the biggest market for fish and fisheries products in the world. Countries for which there is concern about IUU fishing receive a ‘yellow card'. This starts a process of dialogue and support to find solutions and ensure that international law is fully applied. This can either lead to the repeal of the yellow card or it can turn into a ‘red card', which would mean the banning of the products from the EU market.
In April 2015, the Commission lifted the yellow card adopted in 2013 to the Republic of Korea, recognising the country's efforts to bring its legal and administrative systems in line with the international standards. Since then, the Commission and the authorities of the Republic of Korea have continued their fruitful cooperation in a bilateral working group to address IUU fishing.
(europa)
(seafood.vasep.com.vn) Tilapia is easy to farm and provides high economic and nutritional value, making it a sought-after export commodity in many countries.
(seafood.vasep.com.vn) Vietnam’s seafood exports in the first 10 months of 2025 recorded significant progress, reaching more than USD 9.5 billion, up 15% year-on-year. This result reflects the sector’s persistent efforts amid a highly volatile market, especially policy shocks from the US Although signs of slowdown emerged in the third quarter due to countervailing taxes, key product groups still maintained strong momentum and created a foundation for full-year exports to reach USD 11 billion.
(seafood.vasep.com.vn) Vietnam’s agreement with the United States on a framework for reciprocal, fair, and balanced trade—reached during the 2025 ASEAN Summit in Malaysia—has generated strong optimism for Vietnamese exports, including tuna. Numerous positive points in the joint statement have raised high expectations for Vietnamese export goods, but turning these expectations into tangible benefits remains a long and challenging journey.
(seafood.vasep.com.vn) At the conference on “Linking the Production and Consumption Chain of Ca Mau Crab 2025,” Vice Chairman of the Ca Mau Provincial People’s Committee Lê Văn Sử posed a central question: how to shift the province’s crab exports toward official trade channels, instead of relying heavily on small-scale border trade with China as currently practiced.
(seafood.vasep.com.vn) The whitefish market in Japan is showing a clear divergence among supplying countries, in which Vietnam continues to affirm its role as a stable and high-potential exporter. Vietnam currently ranks third after the US and Russia in whitefish export value to Japan. Thanks to tariff incentives and the ability to meet Japan’s strict standards, Vietnamese pangasius continues to record a stable and positive growth trend.
(seafood.vasep.com.vn) The People's Committee of Ca Mau Province has just issued a plan to expand the super-intensive, low-water-exchange, biosecure white-leg shrimp farming model (RAS-IMTA) for whiteleg shrimp farming to a scale of 1,500 hectares, aiming to develop high-tech, sustainable and environmentally friendly shrimp farming.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company (HNX: SGC) plans to issue over 7.1 million shares to raise nearly 465 Billion VND for Hoan Ngoc M&A Deal.
(seafood.vasep.com.vn) According to Rabobank, global tilapia production is forecast to exceed 7 million tons in 2025, driven by a strong recovery in major producing countries including China, Indonesia, Egypt, Bangladesh and Vietnam. Among them, Vietnam is emerging as a potential tilapia supplier in the global supply chain, capitalizing on market fluctuations to expand production and exports.
By the end of Q3/2025, Vietnam’s seafood industry recorded a clear recovery as a series of leading companies reported strong profits — some even achieving the highest results in their history. After several quarters struggling with high costs and weakened demand, the latest business results indicate a robust comeback across the industry.
(seafood.vasep.com.vn) On November 12 in Ho Chi Minh City, the Embassy of the Netherlands, in coordination with the Ministry of Agriculture and Environment, organized the Vietnam–Netherlands Business Forum under the theme “Shaping the future of sustainable aquaculture in the Mekong Delta.”
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