This proposal builds on the outputs of the ASEM Aquaculture Platform, established in 2003 as an EU-Asia framework for dialogue, networking and continuing coordination for sustainable aquaculture development. From 2003-2006, 6 expert workshops targeted key topics (Disease & Health management, Biodiversity & Ecological impacts, Breeding & Domestication, Education, Food safety & Legislation, Food security) and yielded valuable recommendations on future directions in research, production and trade. With increasingly critical demands on aquaculture for food supply and food security, income and employment, the vulnerability of the natural resource issues involved, and the important gains to be realised through developing stronger scientific and economic partnerships between the two regions, the aim is to move more pro-actively into effective policy, into formulation of joint research goals, and into outcomes which contribute to Millennium Development and related goals. The project’s major aim is to reconcile ecosystem and economic system demands to consolidate concepts of sustainability in aquaculture development in both regions. Specific actions include: 1) validation of earlier recommendations; 2) translating priority recommendations into concrete actions; 3) facilitate industry interaction between the two regions; 4) build and exchange knowledge and its application. The common denominator of the actions is the concerted effort to initiate joint EU-Asia processes which have impact on research excellence, contributing realistically and effectively to good production practice, improved governance, fair trade, social equity and sustainability. In developing these, the ASEM Aquaculture Platform will strengthen opportunities for the EU aquaculture sector to derive value from its technological and structural assets, and develop valuable trade partnerships, using the driver of import product quality to improve product quality and value in both markets.