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Date
2003-12
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The world’s fisheries are in crisis. Experts report that 75% are significantly depleted, overexploited or fully exploited. Behind these statistics are the stories of countless families whose livelihoods have been destroyed as the once-bountiful resources of the oceans have dwindled. There is little time left for governments to act decisively to reverse the trends of the last decades. Ironically enough, they know this. The question is whether the political will exists (and by extension, whether sufficient resources will be made available) to take the necessary measures to do so. The most important factor undermining the effectiveness of international cooperation and management of fisheries on straddling and highly migratory stocks and fisheries on the high seas is the prevalence of illegal, unregulated and unreported (IUU) fishing, much of which is done under the protection and cover of Flags of Convenience.Collections