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Ministry sets beche-de-mer prices after lifting trade ban, aiming to support sustainability and local livelihoods.
Weeks after lifting a ban on the harvesting and trade of beche-de-mer, the Ministry of Fisheries and Marine Resources (MFMR) has released updated prices for both local sales and exports of beche-de-mer products.
The harvesting of beche-de-mer had been banned for over two years as part of efforts to protect stocks of the endangered sea cucumber. When the ban proved ineffective in curbing illegal trade, the government shifted to a sustainable management approach. The decision to lift the ban was made after reviewing environmental and economic considerations, with a focus on balancing industry development, marine conservation, and sustainable resource use.
MFMR Permanent Secretary Dr. Christain Ramofafia stated, “The pricing structure we have set will support the sustainable harvesting of beche-de-mer while also ensuring that local fishermen and suppliers are adequately compensated for their products, whether for local consumption or export.”1
The Ministry says the minimum benchmark prices for local purchase and export aim to bring greater transparency and stability to stakeholders across the supply chain, including fishers, buyers, sellers, and exporters.
Members of the local fishing community have responded positively, viewing the move as an opportunity to restore their livelihoods and participate in the growth of the fisheries sector.
The Ministry indicated that the new pricing policy is intended to encourage responsible fishing practices and maintain the long-term viability of the beche-de-mer industry for communities across Solomon Islands.
Further details on prices and fishery management can be found through the Ministry’s official channels.
SOURCE: Ministry of Fisheries
