The Fishery and Aquaculture Industry Research Fund is a funding scheme for industrial research and development work within fisheries and aquaculture, and is based on a levy of 0,3 percent on all exported fish and fish products. The funds shall be used for industrial R&D work for the benefit of all or part of the industry, and are distributed in the form of grants for research programmes and major projects. The levying of a research and development tax in the fisheries and aquaculture industry came into force on 1 January 2001.
The tax funds are administered by a Board appointed by the Norwegian Ministry of Fisheries and Coastal Affairs. Board members are representatives from the fisheries and aquaculture industry.
Reduction in Fishing License Quotas Viet Nam
On April 11, 2024, Deputy Minister of Agriculture and Rural Development Phung Duc Tien signed Decision 1037/QD-BNN-TS on announcement and adjustment of quota allocation for fishing licenses in the reg...
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