Taiwan donates a further US$2 million to enhance fisheries capacity of Pacific small island developing states

On August 21, Taiwan and the Western and Central Pacific Fisheries Commission (WCPFC) completed an exchange of official letters on Taiwan’s donation of US$2 million for the second phase of the Chinese Taipei Trust Fund (CTTF), which is to be dispersed over a five-year period.  The funding will assist small island developing states in enhancing their fisheries capacity through financial, scientific, and technological support. The allocation will further strengthen Taiwan’s participation in regional fisheries organizations and help Taiwan fulfill its obligations as a member of the international distant-water fishing community. Taiwan is a founding member of the WCPFC. It launched the first phase of the CTTF in 2016 with an initial donation of US$2 million that was spread over five years. This helped Taiwan realize the spirit of the WCPFC Convention and demonstrates its commitment to assisting island nations in building up their domestic fishery industries.  The CTTF has enabled Tuvalu, the Marshall Islands, Palau, and other nations, as well as related intergovernmental international organizations, to promote 30 fisheries capacity development plans. It has effectively bol...