UN Conservation Body Overwhelmingly Rejects Trading Ban of Atlantic Bluefin Tuna

By Atlantis Group, PRNE
Wednesday, March 17, 2010

DOHA, Qatar, March 18, 2010 - CITES, the UN governed international body of nations in charge of
conserving plant and animal species, today rejected Monaco's proposal to ban
all international trade of Atlantic Bluefin Tuna. The vote was conclusive, 20
nations voted for the motion, while 68 rejected. Conservation measures of the
species will hence remain in the hands of ICCAT, the regional fisheries
management organization that to date has been responsible for the species.

Atlantis Group is the single largest importer of Atlantic Bluefin Tuna
into Japan. The companies operations in Croatia are the largest Bluefin Tuna
farm in the Mediterranean area. The company also has operations in Norway,
France, Iceland and Australia.

The company has on the ICCAT front pushed for measures intended for
sustainable utilization of the species and this week company representatives
were present in Doha to promote the company's stand that the control of the
fishing stocks should remain in the hands of regional fisheries management

Oli Valur Steindorsson, Atlantis Group CEO: "Historical evidence proves
that those with the long term interest in fisheries resources are those most
likely to preserve it. Now ICCAT must secure that the trust invested in it by
the 68 nations is rewarded. We have pushed for sustainable utilization on the
past two ICCAT meetings and will move on in the same manner; doing our best
to secure that sustainable practices prevail in regards to the Atlantic

The Atlantic Bluefin Tuna would have been the first commercial fishing
stock to be listed on CITES Appendix I, immediately banning all international
trade of all products stemming from the species.

Karl Petur Jonsson of the Atlantis Group, mobile: +354-664-0000, Qatar mobile: +974-620-5471, karlpetur at gmail.com

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