AGP Executive Report
Last update: 9 hours agoEnergy & Industry: Ocean Thermal Energy Conversion (OTEC) is back in the spotlight as a steady power option for tropical islands, using warm surface seawater and cold deep water to drive electricity generation—plus potential freshwater benefits. Deep-Sea Mining & Governance: Mining firms backed by Nauru and Tonga have filed UNCLOS claims against the International Seabed Authority over alleged non-compliance with deep-sea exploration contracts, as Pacific seabed minerals become more tied to major-power competition. Ports & Infrastructure: A QUAD port-development push for Fiji is framed as “development assistance,” but critics say it’s also a strategic counter to China’s growing port footprint across the Pacific, including Nauru. Food Systems & Agribusiness: Samoa’s EU-funded Agri-Innovate Competition finale backed agrifood MSMEs and agribusiness innovation under FAO’s STODAS project. Fisheries & Compliance: New EU freezer-vessel food safety rules are set to affect about 97% of EU-listed Pacific Island-flagged vessels, with regional training in Suva to help authorities keep EU market access. Fuel Costs & Operations: Pacific fuel prices keep climbing; Samoa moved to an “amber alert” and Nauru raised diesel caps again, with knock-on impacts for power and transport costs.
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