ABSTRACT
The Paris Memorandum of Understanding (MOU) has no official status within the International Maritime Organization (IMO). Regional agreements seeking observer status should demonstrate that their member authorities have an acceptable overall flag State record and have a similar approach in terms of commitment and goals to that of the Paris MOU. The Argentinian Coast Guard, based in Buenos Aires, arranges administrative procedures, coordination and publication of statistics and also the development of a regional database. The percentage is based on the number of ships that entered regional ports during a base period to be decided by the Committee. The Committee considered and adopted several amendments to the Memorandum, including a declaration providing for the exchange of information with other similar regional agreements on PSC. The Port State Control Committee will monitor the overall inspection activity and its effectiveness throughout the region and adjust the target inspection rate based on experience gained and progress made in the implementation of the MOU.
