Liberia causes European Commission to rein in illegal fishing
Summary
Under the proposed rule, in order to obtain permission to fish, vessels will have to comply with EU rules that include licensing and background checks concerning old violations, fines and infringements.
The European Commission last month reached a significant decision to adopt more stringent regulations that will bring transparency to the murky business of flagged vessels fishing in distant waters.
The decision came on the heel of hard evidence provided by Liberia that there was illegal fishing in its waters by ships flying EU member state flags.
The EU proposed a system to allow authorities to better monitor EU vessels outside their waters as well as international vessels in EU waters.
Under the proposed rule, in order to obtain permission to fish, vessels will have to comply with EU rules that include licensing and background checks concerning old violations, fines and infringements.
According to World Bank, illegal, unreported and unregulated fishing plays a huge role in the depletion of marine fish stocks, and developing nations have long been victims of this practice. Global losses have been estimated from $10 to $23 billion a year.
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