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Argentine fisheries developments noted.

Argentine fishermen caught 550,000 metric tons (t) of fish in 1987, an increase of 30 percent over the 411,000 t caught in 1986. Argentina exported 241,200 t of fishery products during 1987, valued at a record US$267 million. Most of the Argentine shipments were hake and squid. The primary reason for the expanded shipments was increased demand for demersal finfish in the European Community (EC) and the United States, and increased purchases by Australia and communist countries. Substantially higher squid catches, accompanied by strong demand for squid in the EC was also an important factor.

The Argentine fishing industry is highly dependent on export markets despite efforts to increase domestic consumption. The Argentine Government has bilateral agreements with the Soviet Union and Bulgaria, which permitted a limited number of fishing vessels from those countries to operate in Argentine waters during 1987. The Government has been unsuccessful in its efforts to negotiate similar agreements with Spain, Japan, and other countries.

The U.S. Embassy in Buenos Aires has prepared a 24-page report summarizing recent fishery developments in Argentina. The report has information on catch, exports, bilateral fishery relations, foreign investment, and government involvement in and policy toward the fishing sector. The report also includes detailed statistical appendices on catch and exports. U.S. companies can obtain a copy of "1987 Report on the Argentine Fishing Industry" for $13.95 and a $3.00 handling fee (total $16.95, personal checks or money orders only) by ordering report PB89-127880/GBA from NTIS, 5285 Port Royal Road, Springfield, Virginia 22161. (Source: IFR-88/109N.)
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Publication:Marine Fisheries Review
Date:Jan 1, 1989
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