Rising demand for fish increases need for innovation and sustainable aquaculture

The clock is ticking. Billions of people around the world do not have enough to eat and the number of undernourished is on the rise. With the global population expected to reach10 billion people by 2050, food security is a huge challenge that is engaging hundreds of millions of farmers,fishers, food processors, technical experts and political leaders.

There’s no doubt that products from aquaculture and fisheries can play a vital role in not only contributing to healthier diets, but also meeting the nutrition and food security needs of the world’s poorest and most vulnerable. We are already witnessing dramatic change.

Aquaculture is the fastest growing sector of the global food industry. Global consumption of aquatic products has increased by over 120 per cent since 1990 and aquaculture now provides more than 50 per cent of that amount. That is expected to grow to almost 60 percent by 2030.

Asia leads global aquatic animal production – accounting for close to 90 percent of total output with China, Indonesia, India and Viet Nam among the world’s top producers. In addition, seaweeds and other aquatic plants are almost exclusively farmed.

As our appetite for aquatic products expands, the pace of investment, innovation and technology in this critical sector is also on the rise. However, we need to ensure that expansion is supported by sustainable production with the adoption of new technology and digitalization that will enhance lives and livelihoods.

There are plenty of challenges. Climate change impacts and disruption to consumption and production during the COVID-19 pandemic have had an impact on the pace ofaquaculture growth in the short-term. The ability of the industry to satisfy the world’s growing nutritional needs will depend on staying one step ahead with innovation, while providing the legal and policy framework to support growth and safeguard the jobs and livelihoods of those who depend on aquaculture.

Technological advances are already making a difference. Improvements in seed production, digital technology and biosecurity, are contributing to change and there is potential for far more.

Quality seeds complement the efficient use of land, water and other inputs, while raising production and economic returns. Innovations such as selective breeding, indoor hatcheries, and pathogen-free brood stock, that are used for breeding, are also having an impact.

Aquaculture digitalization applied to ponds, water systems or offshore cages is making feeding more efficient, while at the same time, reducing the need for labor and the frequency required for monitoring aquatic animals or water quality. Digitalization is also improving biosecurity management, on-farm assessments and traceability.

Breakthroughs in biosecurity technology have reduced animal mortality and improved health outcomes. There have been improvements in vaccinations, aquaculture practices, probiotics and water quality. Effluent treatment technologynow enables aquatic animals to live in the same water body because the effluents can be treated in the same system or with separate treatment systems.

The signs are encouraging. If we are to meet the UN Sustainable Development Goals by 2030, we need to step up action to increase technology and sustainable production, but also address the value chain and market demands, while ensuring there is stable and secure employment.

The importance of fisheries and aquaculture goes beyond nutrition: they support the livelihoods of around 10% of the world’s population and almost all of the people who depend on fisheries live in developing countries.

In September 2021, the Food and Agriculture Organization of the United Nations (FAO) partnered with China’s Ministry of Agriculture and Rural Affairs (MARA), and the Network of Aquaculture Centres in Asia-Pacific (NACA) to hold the Global Conference on Aquaculture Millennium+20 in Shanghai with the theme ‘Aquaculture for Food and Sustainable Development’.

The Conference adopted the Shanghai Declaration, a call to action that will shape the future of aquaculture and seek to optimize the sector’s contribution to global agri-food systems in line with the UN’s 2030 Agenda for Sustainable Development.

The Declaration recognizes the capacity of aquaculture for further growth. Significantly, it stresses the need to prevent that growth from diminishing ecosystem health or animal welfare standards, on the one hand, or increasing biodiversity loss and social inequalities on the other.

The aquaculture sector demands sustainable and equitable development strategies. Strong leadership and collaboration is needed across the private sector, the public sector and civil society to support and regulate aquaculture with the right legal framework and policies so that lives and livelihoods are sustained and enhanced.

Aquaculture plays an important role in FAO’s new Strategic Framework 2022-2031 . Through its Blue Transformation priority programme, the UN organization is focused on supporting 35 to 40 per cent growth in global aquaculture by 2030.

If we are truly committed to ending food insecurity and malnutrition, a concerted effort to produce more aquatic foods is needed now in a sustainable way and we must work together to make it happen. There is no time to waste.

Source: Lao News Agency

COVID-19 Delays Economic Recovery – ADB

The economic recovery in the Lao People’s Democratic Republic (Lao PDR) slowed amid a second wave of the coronavirus disease (COVID-19) pandemic that has led to lockdowns and lower consumer spending, according to a report released on Sep 22 by the Asian Development Bank (ADB).

The country’s economy is expected to grow by 2.3% in 2021, compared with the 4.0% expansion forecast in April, according to the Asian Development Outlook (ADO) 2021 Update. The global recovery is expected to spur domestic growth in 2022, albeit lower than projected in ADB’s previous forecast.

“Policies to reduce the spread of the coronavirus have curbed output in manufacturing and hurt growth in the retail trade, transport, and tourism services,” said ADB Country Director for the Lao PDR Sonomi Tanaka. “Curtailed economic activity has increased joblessness and reduced household incomes, especially among women and those with lower education. A swift recovery from the pandemic depends on policies that support businesses and households to adapt to the ‘new normal’.”

With lower domestic demand, inflation stayed at 3.1% on average in the first seven months of this year. The kip has depreciated against foreign currencies, with the spread between official and parallel rates for the kip and US dollar exceeding 20% during July, reflecting a domestic shortage of currency following large external public debt payments. Revenue collections are yet to return to pre-pandemic levels, with public finances remaining constrained.

The report says the country’s economic recovery will be supported by the issuance of new mining licenses and earnings from electricity exports, as well as the planned opening of a railway linking the Lao PDR with the People’s Republic of China. With a forecast of warmer temperatures and rainfall on-trend, rice and cash crop harvests are expected to be stable.

Challenges remain. New measures to contain COVID-19 outbreaks and the pace of the vaccine rollout will impact the country’s economic prospects. Measures to strengthen macroeconomic management and improve investor sentiment remain essential to the economic recovery and household welfare, as reported in ADO 2021 in April.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.

Source: Lao News Agency

Vientiane: businesses ordered to close till Sep 30 in fight against Covid-19

Vientiane authority has ordered all enterprises, department stores, supermarkets, minimarts, night markets, clothes shops, building material shops, shops selling household goods, cosmetic shops, electronic shops, phone shops, and wholesale and retail shops to close between Sep 20 and 30 to rein in locally transmitted cases of Covid-19.
The ban imposed by the Vientiane Department of Industry and Commerce yesterday requires shops at fresh markets that sell agricultural produce, fresh food, dried food, food ingredients, and take-home food to open between 6:00 am and 6:00 pm and practice social distancing of 1 metre.
Gas stations can provide service from 6:00 am to 6:00 pm as long as Covid-19 preventive and control measures are strictly observed.
The notice also bans increasing goods and service prices, hoarding goods and selling products with low quality and alcoholic drinks.
Some 331 new Covid-19 cases including 296 local infections have been recorded nationwide over the previous 24 hours. Of the local transmissions, 176 were detected in Vientiane alone.

Source: Lao News Agency

Luxembourg helps improve people’s living conditions in Huaphan, Xieng Khuang

Communities and households in four districts of Huaphan and Xieng Khuang provinces are expected to benefit from a project Strengthening Livelihood Systems.

This project, supported by Luxembourg government, will help improve and increase living conditions of communities by providing funding schemes, technical training and market linkage activities in organic farming, livestock husbandry and handicraft production.

The Ministry of Agriculture and Forestry and the Caritas Luxembourg Organisation signed in Vientiane on Sep 7 a Memorandum of Understanding for implementing the second phase of the SLS project.

The project will be implemented over five years in 60 villages of Kham, Nonghet and Phaxay districts in Xieng Khuang, and Huameuang district in Huaphan.

The total project budget of EUR 2.02 million will be provided jointly by the Government of Luxembourg and Caritas Luxembourg.

Source: Lao News Agency

Laos’ imports and exports reach US$880 million in August

The Lao PDR’s imports and exports in August 2021 reached approximately US$880 million with exports valued at about US$428 million and imports estimated at US$452 million resulting in a trade deficit of US$24 million.

The imports and exports didn’t include the value of electricity exports, according to the Lao Trade Portal.

Main exports of the country included copper ores, copper products, bananas, gold bars, garments, unprocessed coffee, sugar, latex, fruits (water melons, passion fruits, tamarinds) and tobacco.

The imports were dominated by vehicles, electrical equipment and electronics, fuel, machinery, steel, plastic products, precious or semi-precious stones, chemical products and food processing wastes.

Laos’ exports to China were estimated at US$184 million as those to Vietnam and Thailand reached US$90 million and US$49 million, respectively. Meanwhile the country’s exports to Germany and the United States were valued at US$7 million each.

Thailand was the main import market for the Lao PDR with US$249 million, followed by China US$ 10

Source: Lao News Agency

U.S Ambassador praises Lao-US Comprehensive Partnership

The Lao-US Comprehensive Partnership has significantly contributed to strengthening cooperation in a number of areas, according to a US diplomat.

Giving an interview to the Lao media on the occasion of the 5th anniversary of the Lao-US Comprehensive Partnership, US Ambassador to the Lao PDR Peter M. Haymond noted that with the partnership, the United States and the Lao PDR had launched a new era of bilateral relations based on mutual respect, common interests.

Former President Bounnhang Vorachit and his US counterpart Barack Obama unveiled the Comprehensive Partnership between the Lao P.D.R. and the United States of America and explored areas for future cooperation during Obama’s visit to Laos in 2016.

Over the past five years, the Comprehensive Partnership has witnessed growing cooperation in areas of diplomatic relations, removal of unexploded ordnance –UXO, trade, investment, economy, education and training, environment and health, human rights, and people-to-people ties.

The two countries have enjoyed impressive growth in economic and trade ties. Meanwhile the US is among key partners in supporting Covid-19 fight in the Lao PDR.

The US government has provided more than 1.2 million doses of Covid-19 vaccines to the Lao PDR including 1,008,000 doses of Johnson & Johnson/Janssen vaccine, 132,000 doses of AstraZeneca vaccine and 100,620 doses of Pfizer-BioNTech vaccine, along with other medical equipment and training.

In 2020, the total value of Laos’ trade in goods with US amounted to USD 130 million, down from pre-Covid-19 year 2019 when the trade value stood at US$160 million.

Source: Lao News Agency