July 3, 2020
Friend of the Sea signs deal with Institution of Aquaculture Singapore
Italy-based Friend of the Sea has signed a memorandum of understanding with the Institution of Aquaculture Singapore (IAS), SeafoodSource reported.
The certifier of aquaculture, fishmeal and wild-capture fisheries that recognises sustainable fishing and aquaculture practices will work collaboratively with IAS toward the development of environmentally responsible aquaculture processes in Singapore.
"We are very pleased to be working with the IAS, focusing on the promotion of the aquaculture businesses in sustainable ways which align with our mission," Friend of the Sea Founder and Director said in a press release. "This MoU is the first step in what we both envision as a long and fruitful partnership."
Founded in 2014, the IAS "intends to bring the leading industry players in Singapore and beyond onto one platform for sustainability in aquaculture," according to IAS President Jimmy Lim. Through the MoU, aquaculture businesses and farms will pursuing Friend of the Sea certification, and in exchange, will receiving exclusive support in improving the sector's processes and engaging in sustainable expansion, Lim said.
Singapore has set the goal of increasing its self-sufficiency in food production from 10% to 30% by 2030, and the MoU is designed to help it meet that goal, according to Friend of the Sea Global Advisory Board Member Amod Ashok Salgaonkar. The so-called "30-by-30" target hinges on aquaculture becoming a bigger contributor to Singapore's food system.
"Fisheries and aquaculture can become one of the main contributors in maintaining food security of the country," Salgaonkar said.