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Tasmanian feasibility fishing project



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PRIMARY INDUSTRY M EDIA RELEASE

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STATEMENT BY THE MINISTER FOR PRIMARY INDUSTRY THE RT. HON. IAN SINCLAIR M.

CANBERRA * | * l l F

P.

Tasmanian feasibility fishing -project

The Commonwealth Minister for Primary Industry,

Mr Ian Sinclair, and the Tasmanian Minister for Primary

Industry, Mr Eric Barnard, announced today that following

. consultations between Commonwealth and Tasmanian Governments

they had decided to approve a feasibility fishing proposal

involving Tasmanian and Japanese interests.'

The'Ministers said that 'this''was the first

feasibility fishing proposal which had been approved in

accordance with the guidelines agreed by the Australian

Fisheries Council and was in line with the desire to

improve knowledge of Australia's offshore fisheries

resources in view of the pending extension of Australian

fisheries jurisdiction to 200 miles. .

The proposal involves eight Japanese squid

jigging vessels operating in Commonwealth waters adjacent

to Tasmania to determine the feasibility of developing a

commercial squid fishery. The Japanese vessels would be

supplemented by two Australian vessels and all product

would be handled through a joint venture company - Tasmanian

Fisheries Company Pty. Limited. . ' · ' \

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. The Ministers added that the squid jigging

operation proposed would not conflict with existing

Australian fisheries nor was it likely that the Australian

fishing industry could mount a similar operation in the

foreseeable future, Mr Sinclair and Mr Barnard pointed

out that the assessment of the feasibility of a particular

fishery went beyond the catching sector. The Japanese

partner in the proposal would be able to assist Australian

interests in processing the product and preparing it for

overseas markets. At present the market potential for

squid in Australia waS quite small and most of the catch

would be exported overseas.

The Ministers concluded that this particular

feasibility proposal offered the prospect of substantial * · ·

benefits to Australia and in particular to Tasmania. It was

anticipated that operations would commence towards the end

of October and the project could continue for up to two .

years depending upon a complete review of operations and

results at the end of the first year. .