16 May 2016, Rome--- A new and now binding international treaty for the fisheries sectors across the globe soon to enter into force. The Port State Measures Agreement – or PSMA – includes Somalia, Cuba, the European Union and other countries that make up a large percentage of the worldwide fisheries exports. PSMA is meant to make the sale of fishing products that are illegal and/or coming from unsustainable fishing practices much more difficult. Illegal, unreported and unregulated fishing – or IUU - is responsible for annual catches of up to 26 million tonnes, and costs the global economy up to 23 billion dollars each year.