The Government has confirmed it will contribute further funding support to the Tuvalu Fisheries Support Programme.
Foreign Minister, Winston Peters said the funding reaffirms New Zealand’s long-standing commitment to working in partnership with Tuvalu to support the development, sustainability and resilience of its fisheries sector.
“New Zealand is proud to support Tuvalu in strengthening its fisheries sector. We value our close relationship and look forward to continuing this important collaboration in the years ahead,” Mr Peters says.
The Minister said the funding will help to strengthen local capacity and support communities facing increasing climate-related challenges.
“New Zealand stands with Tuvalu as a trusted partner. This additional investment is part of our commitment to supporting Pacific resilience, security and sustainable development,” Mr Peters says.
“We have been funding the Tuvalu Fisheries Support Programme (TFSP) for more than a decade and helping to strengthen Tuvalu’s ability to manage its most important natural resource and secure long-term economic and food security benefits.”
Funding for the initiative comes from the International Development Cooperation programme budget.
