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Pohnpei Palikir, 12 June 2015: Another global first yesterday for the Parties to Nauru Agreement (PNA) when they passed an initiative to trial a charge of US$1,000 on each Fish Aggregating Device (FAD) set in PNA waters.
In what was dubbed the "free school initiative," Ministers at the annual PNA ministerial meeting in Federated States of Micronesia's capital Palikir, decided that a US$1,000 fee paid on top of the Vessel Day Scheme fee would be good incentive "not to set FADs" on free schools of fish.
