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May 13, 2020

Firms encouraged by White House’s move to modernize U.S. aquaculture

A number of companies have expressed support for the United State’s move to strengthen the country’s aquaculture industry. Last week, President Donald Trump issued an executive order which aims to improve the the competitiveness of the industry that has been severely impacted by the COVID-19 pandemic. The move was meant to “ensure food security; provide environmentally safe and sustainable seafood; support American workers; ensure coordinated, predictable, and transparent Federal actions; and remove unnecessary regulatory burdens.” The U.S. seafood sector has an estimated $15 billion trade deficit. To address this issue, the government has designated the National Oceanic and Atmospheric Administration (NOAA) to be the lead agency for aquaculture projects.  Read the article.