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.
Illex Squid Landings Surpass 150,000 Tons in Argentina Argentina
With a stable season and rising market prices, Illex cements its role amid global shortages of other squid species
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British Seafood Takes Off in South Korea, Fueled by Mackerel Boom South Korea
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