22 Feb 2010

Solomons to focus on maximising tuna resource

11:51 am on 22 February 2010

The Prime Minister of Solomon Islands Dr Derek Sikua says the country must receive maximum benefits from its tuna resources.

Dr Sikua made the statement in Honiara ahead of the first Summit of the leaders of the Parties to the Nauru Agreement to be held in Palau this week .

He says Solomon Islands should've been receiving maximum benefits from its tuna industry, established in the 1970s, but the reverse has been the case.

Dr Sikua says he'll tell member countries of his government's aim to get a bigger portion of earnings.

He says its members must strive to get more value for their resource and for the new strategy that aims to develop an OPEC-style body to oversea the tuna resource.

Tuna is potentially Solomon Islands' most important natural resource and the entire industry in the region is thought to be worth up to $US3 billion annually.