Monday 3 July 2017
Regulatory Reform in Pearl Farming: State Council Partially Approves New Legislation
This ruling follows a legal challenge by Pearly Investissements. Tearii Alpha, Minister of Primary Resource Development, clarified that despite the rejection of four articles, the law will still be enacted within the next ten days. The government has pledged swift action to implement the reform starting in July.
Concurrently, new legislation will be introduced to regulate street vending around markets, aiming to organize this sector while protecting jewelry artisans' livelihoods. The reform's overarching goals are to enhance the image of Tahitian cultured pearls, professionalize the industry, and establish strict resource management rules.
Minister Alpha emphasized the importance of tracking nuclei from production to exported pearls to streamline export procedures. The law will also introduce quotas, environmental and health standards, and transparency requirements for traders. Despite the partial rejection, the minister expressed satisfaction with the State Council's decision and announced awareness campaigns in pearl-producing islands to prepare professionals for the sector's reorganization.
