B-27 



CHAIRMAN BREWSTER: Yes — 



MR. JAMES BARNES: What has been suggested is what we have 

 characterized as an "interim moratorium" which I don't person- 

 ally see as being inconsistent with the language necessarily 

 that was drafted because that looks towards, you know, the 

 long term. 



And the point here, is that it may be impossible to es- 

 tablish a really rational conservation and exploitation scheme 

 unless you have the data and if exploitation was to take place 

 in a rapidly increasing scale over the next five or six years 

 at exactly the time that the key data is supposed to be getting 

 assembled -- it would be an impossible situation. 



And that's where the context — I think most people I have 

 heard discuss an interim moratorium, have raised the idea. 



Do you have the same feeling that even that formulation 

 is really politically tenuous? 



CHAIRMAN BREWSTER: I am not sure I would accept the premise 

 that "if commercialization does start then regulation would 

 be impossible." 



MR. JAMES BARNES: Well, large scale — if it really went 

 in a mammoth — 



CHAIRMAN BREWSTER: If the regime which is negotiated 

 provides a mechanism for doing that, and if, let us say, it 

 does not provide for unanimity, I would think we might well 

 have the mechanism and also the scientific data for some sort 

 of mechanism to produce both the data and the action. 



MR. STORER: Let me make a point on that comment which 

 is an interesting one: 



One of the proposals for management put forward by a con- 

 sultant for FAO, his own concept, was that you might, in the 

 Antarctic, (once you had a convention and a mechanism), 

 establish a fairly low total allowable catch figures. 



And then have fairly small allowable incremental margins 

 in any one period -- let's say a year -- so that you wouldn't 

 assumedly have in any one period, a doubling of the catch, 

 but you might allow only ten percent increase a year by any 

 country and be able to review this annually to see what the 

 impact is. 



