AGP Executive Report
Last update: 11 hours agoDeep-Sea Mining Governance: Nauru Ocean Resources Inc. (NORI) and Tonga Offshore Mining Ltd. (TOML) have filed fresh UNCLOS cases at ITLOS’ Seabed Disputes Chamber, asking for provisional measures against the International Seabed Authority after being flagged for possible non-compliance without a lawful process—raising big questions for contractors trying to protect their exploration positions while exploitation rules and benefit-sharing terms are still being drafted. Regional Fisheries Trade: Tokelau has exited the Parties to the Nauru Agreement (PNA), meaning it loses access to the Vessel Day Scheme that helps allocate tuna fishing days—while Vanuatu is reported to take the spot and New Zealand backs Tokelau’s re-admission efforts. Food Safety for Exporters: Fiji, Kiribati, Solomon Islands and Tuvalu trained on new EU freezer-vessel requirements under Delegated Regulation (EU) 2025/1449, aimed at keeping Pacific seafood exports eligible after EU audits found cold-brine targets weren’t consistently met. Energy Costs in the Pacific: Samoa moved to an “amber alert” for fuel reserves, triggering power shedding and remote learning, while Nauru and other Pacific states adjusted diesel price caps as inflation pressures keep rising.
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