Sealord inks deep-sea fishing deal
date:Jun 04, 2014
, but ''not all that successfully''.

It had since retreated and leased its annual catch entitlement (ACE) to a range of companies before linking up informally with Sealord two years ago.

''Ngati Kahungunu and Sealord share a common recognition that quota is taonga that must be protected for future generations and that this can be achieved whilst maximising the income from this valuable asset.''

The agreement included a programme to increase training and employment, and would offer stability
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