This is the final report of the twenty-eight session of the Asia-Pacific Fishery Commission (APFIC) held in Chiang Mai, Thailand from 3 to 5 August 2004. The session was attended by representatives of 15 members of the Commission. Major topics discussed were: overview of the status and potential of fisheries and aquaculture in Asia and the Pacific; APFIC's potential as a consultative forum for fishery issues; an analysis of gaps and opportunities in regional arrangements for fisheries; and the APFIC work plan for 2004-2010.