The eight Pacific island nations that control most of the region's tuna stocks are meeting this week to develop plans to get a greater share of the profits.
The industry in the Pacific is estimated to generate four billion US dollars a year.
The meeting in Majuro, the capital of the Marshall Islands, will discuss plans to tighten conservation controls, reduce annual catch limits and increase revenue to the islands.
The Director of the new headquarters for the Parties to the Nauru Agreement, Transform Aqorau, says at present there are far too many days available for fishing and too many boats fishing.
The eight nations that comprise the PNA are Papua New Guinea, Solomon Islands, Palau, the Federated States of Micronesia, Kiribati, Nauru, Tuvalu and Marshall Islands.
The fishing headquarters in Majuro, which opened in February, will also be officially dedicated on Thursday.
The event will be attended by the Pacific Islands Forum Secretary General, Tuiloma Neroni Slade, and the Forum Fisheries Agency's Director, Tanielu Sua.
