Aquatic resources in Timor-Leste are a priceless economic resource, and ecological national heritage that ought to be protected for the benefit of present and future generations. Timor-Leste waters are one of the few remaining resources which have not been exploited by commercial fishers. However, the current regulations and laws surrounding licensing of international and domestic fisheries are outdated and as such are placing the fish stocks at risk.
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
Type of commitment
- Compliance, monitoring and enforcement
- Reduction and elimination fishing practices and gear that destroy/degrade marine habitat
- Science-based fisheries management plans
- Ecosystem approach to fisheries (EAF)
- Reduction of fisheries by-catch and product waste/losses
By 2020, prohibit certain forms of fisheries subsidies which contribute to overcapacity and overfishing, eliminate subsidies that contribute to illegal, unreported and unregulated fishing and refrain from introducing new such subsidies, recognizing that appropriate and effective special and differential treatment for developing and least developed countries should be an integral part of the World Trade Organization fisheries subsidies negotiation
Type of commitment
- Removal or reduction of harmful fisheries subsidies
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
Type of commitment
- Economic benefits from sustainable fisheries
- Economic benefits from sustainable tourism