The document was signed by The Minister of Agriculture, Livestock and Fisheries, Norberto Yauhar and the Minister of Land Affairs in the province of Buenos Aires, Gustavo Arrieta in a meeting this week.
It brings in a new set out goals to reach new markets, improve the labour conditions and improve fuel delivery logistics for the fisheries sector.
Government concerns have emerged following a 12 per cent catch decline for the port of Mar del Plata. This equates to a drop in tonnage from over 63,000 tons in 2011 to 50,000 last year.
In order to reverse the 2012 trend trade officials are looking to Asia as a potential export destination that will boost the industry.
Also present at the meeting was Provincial Fisheries Director, Mariano Gonzalez who said businessesare struggling in Argentina due to bankruptcy across several important Spanish companies operating in Argentina.
Market troubles also emanate from Europe which Mr Gonzalez says are headed by lower quality EU products undercutting the Argentine fishermen.
The government has pledged to work across all departments in the coming weeks to address issues in Crayfish labour shortages and broader fisheries policy.