The Parties to the Nauru Agreement (PNA) has tripled what fishing industries are paying for to fish in their respective waters. PNA, price which comprises of Papua New Guinea, Solomon Islands, Nauru, Palau, FSM, the Marshall Islands, Kiribati, and Tuvalu, now enforces $6,000 payment per fishing day for its vessel day scheme. Dr. Transform Aqorau, CEO of PNA expressed, “we’ve been successful in dramatically increasing benefits to our islands because of the unity of the Parties.” With the success of the new minimum payment, PNA members are facing key decisions at their annual meeting in the Solomon Islands. Among the issues to be discussed is how to contribute the $93 million from last year’s successful negotiations with the United States. The U.S. treaty includes 15% of the funding be distributed equally among all Forum Fisheries Agency members. Reports indicate that the actual per day rate of U.S. payments to PNA will be below the new $6,000 per day fee. PNA members will conclude their annual meeting in March 14, 2014.