EP official hails Vietnam’s effort in lifting ‘yellow card’

Vietnam has made significant efforts in removing the EC's yellow card imposed on its fisheries sector, said visiting Chairman of the European Parliament's Committee on International Trade (INTA) Bernd Lange while meeting reporters in Hanoi on Thursday.

The EP delegation arrived in Vietnam on Monday to assess the country's preparations and readiness for the ratification of its free trade and investment protection agreements with the EU.

In October 2017, the EC issued a yellow card warning to Vietnam due to the country's failure to demonstrate sufficient progress in the fight against illegal, unreported and unregulated (IUU) fishing.

The official stressed that the important thing is Vietnam has come up with measures to improve the situation. He also recommended the country consider preserving fishery resources for the future and cutting subsidies to fishing to boost reserves. Suggesting the local Government provide tracking equipment to monitor fishing vessels, he stated if Vietnam can fulfill its anti-IUU duties and further improve the situation, the 'yellow card' will be lifted.

Source: VOV5