"To amend sections 101, 102, 103, 106, 204,205,303, 402, 404, 407, 603,606, 611, 701, 907, 910 and 911 of title 24 of the Code of the Federated States of Micronesia, as amended by Public Law
No. 18-109, in order to enhance the ability of the Government of the Federated States of Micronesia to enforce, in its territory or exclusive economic zone and other zones where FSM-flagged or FSM licensed vessels undertake fishing activities, the national fishery laws, regulations, and the international obligations including those in the Third Implementing Arrangement of the Parties to the Nauru Agreement, and the obligations assumed by the FSM Government on conservation, sustainable exploitation and management of fishery resources taking into consideration the national development needs and aspirations of the FSM, and for other purposes"
Progress reports
By 2020, effectively regulate harvesting and end overfishing, illegal, unreported and unregulated fishing and destructive fishing practices and implement science-based management plans, in order to restore fish stocks in the shortest time feasible, at least to levels that can produce maximum sustainable yield as determined by their biological characteristics
By 2020, conserve at least 10 per cent of coastal and marine areas, consistent with national and international law and based on the best available scientific information
By 2030, increase the economic benefits to Small Island developing States and least developed countries from the sustainable use of marine resources, including through sustainable management of fisheries, aquaculture and tourism
Increase scientific knowledge, develop research capacity and transfer marine technology, taking into account the Intergovernmental Oceanographic Commission Criteria and Guidelines on the Transfer of Marine Technology, in order to improve ocean health and to enhance the contribution of marine biodiversity to the development of developing countries, in particular small island developing States and least developed countries
Provide access for small-scale artisanal fishers to marine resources and markets
Enhance the conservation and sustainable use of oceans and their resources by implementing international law as reflected in UNCLOS, which provides the legal framework for the conservation and sustainable use of oceans and their resources, as recalled in paragraph 158 of The Future We Want
May 2020
