Operating in strict compliance with the Western and Central Pacific Fisheries Commission (WCPFC), Forum Fisheries Agency (FFA), Parties to the Nauru Agreement (PNA), and national PNG statutory frameworks.
SSTC’s commercial operations operate within legitimate, verified country-effort allocations and international conservation standards.
“1. The Commission shall give full recognition to the special requirements of developing States Parties to this Convention, in particular small island developing States, and territories and possession, in relation to conservation and management of highly migratory fish stocks in the Convention Area and development of fisheries for such stocks.
2. In giving effect to the duty to cooperate in the establishment of conservation and management measures for highly migratory fish stocks, the Commission shall take into account the special requirements of developing States Parties...”
South Seas Tuna Corporation Limited directly fulfills the core purpose of Article 30 by transforming Papua New Guinea from a raw-resource licensing nation into a high-technology onshore value-adding processing nation.
An agreement between the eight member States of the Forum Fisheries Agency (FFA) who are the primary tuna resource owners in the Western Central Pacific. SSTC holds legitimate PNG licenses operating in full alignment with PNA management frameworks.
Sets strict limits on purse seine fishing effort and vessel allocations in the waters of the Parties to ensure long-term stock sustainability and prevent overfishing.
Provides reciprocal regional access arrangements between Pacific Island parties specifically engineered to promote domestic industrial development and local equity participation.
The Prep Con V resolution specifically authorized increases in capacity where vessels were constructed to operate under legitimate sovereign licenses. SSTC’s fleet engagement under PNG's framework represents a restrained, measured exercise of PNG's sovereign rights over its sovereign tuna resources.
Project negotiations linking SSTC vessels were initiated well before the year 2000.
SSTC vessels are an integral part of PNG’s reasonable domestic industrial expansion.
SSTC operates under complete statutory alignment with the Independent State of Papua New Guinea, directly advancing the national "Export Driven Strategy Policy".
