July 6, 2015 — Another big player has taken an important step in the fight against illegal fishing:  Iceland has ratified the Port State Measures Agreement (PSMA), an international treaty to stop illegally caught fish from entering the market. Under the agreement, ports will deny landing and services to vessels involved in illegal, unreported, and unregulated fishing.

The PSMA, adopted by the United Nations Food and Agriculture Organization (FAO) in 2009, is a critical tool in the worldwide fight against illegal fishing, which accounts for up to $23.5 billion worth of seafood every year. Illegal fishing undermines social, environmental, and economic security around the world, especially for developing countries whose economies rely heavily on seafood.

Read the full story at The PEW Charitable Trusts