Nauru builds ties with Philippines and Korea

Nauru has reported that its bilateral negotiations for fishing access has concluded successfully with deals for around $4 million (Australian Dollars/AUD) secured for 2017.

A $1 million deal was signed with RD Fisheries of Philippines, a new partner for Nauru, with more deals expected and a $3 million deal was inked with the Korea Overseas Fisheries Agency.

The Minister of Fisheries, reporting to Parliament on progress, said these deals had been secured despite low fish prices and La Nina favouring countries to the West.