Core Insights - The Moroccan government is implementing measures to stabilize seafood prices and enhance the sustainability of fishery resources in response to rising seafood prices [1][2] Group 1: Market Stabilization Measures - The government plans to strengthen the wholesale market network within ports, currently managing 72 wholesale markets, including 14 modern markets with a total investment of $63.5 million [1] - A collaboration with local governments is underway to enhance domestic sales infrastructure, with plans to build 10 new wholesale markets outside ports [1] - A retail market development plan has been initiated, aiming to establish 8 modern retail markets by 2027 with a total investment of $3 million, of which 5 projects are already under construction [1] - These initiatives aim to improve the seafood distribution system, encourage local consumption, and rationally regulate market prices by reducing intermediaries [1] Group 2: Regulatory Enhancements - The seafood wholesale industry has been under-regulated, but comprehensive regulations (Law No. 08-14) have been introduced to standardize operations [1] - The new regulations set strict operational standards and clarify the core role of wholesalers, allowing only those with special industry licenses to operate in the market [1] - This move is expected to reduce intermediary distribution channels and help stabilize end-consumer prices [1] Group 3: Modernization of Fishing Vessels - Morocco is implementing the "Ibhar" program aimed at modernizing fishing tools, enabling vessels to reach further fishing grounds and ensure product quality [2] - The program has provided comprehensive support to 1,161 fishing vessels with an investment exceeding $17 million [2]