Mauritius Aims to Develop Fishing Industry to Be Economic Pillar
Mauritius Aims to Develop Fishing Industry to Be Economic Pillar
(Bloomberg) -- Mauritius plans to develop its fishing industry and turn it into one of the Indian Ocean island nation’s important economic pillars.
The prime minister’s office said in a statement May 24 that it agreed to recommendations made by the ministerial committee:
- To develop a national fishing fleet.
- Negotiate with the European Union rules related to fishing quotas and the monitoring of their compliance.
Mauritius’ revenue from fish exports and fish preparations rose 4.6% to 14.9 billion rupees ($417 million) last year, according to Statistics Mauritius. The country has an economic exclusive fishing zone of 2.3 million square kilometers.
Read More: Mauritius Plans $64 Million Fishing Port, Le Mauricien Reports
To contact the reporter on this story: Kamlesh Bhuckory in Port Louis at kbhuckory1@bloomberg.net
To contact the editors responsible for this story: Claudia Maedler at cmaedler@bloomberg.net, Stephen Treloar
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