Friday March 15, 2013
Pacific's Palau looks at commercial fishing ban
KOROR, Palau: Palau's president has proposed banning all commercial fishing in the Pacific nation's waters to create one of the world's largest marine reserves, covering an area roughly the size of France.
President Tommy Remengesau said the nation of 300 islands with a population of about 21,000 generated negligible revenue from foreign fishing vessels plying its waters and he preferred to concentrate on attracting tourists.
Remengesau, who was elected last November, said Palau was already regarded a a leader in marine conservation after creating the world's first shark sanctuary in 2009.
"Our vision is for an area that is so well protected that Palau becomes the world's largest marine sanctuary," he said this week.
"No longer will Palau be merely a shark sanctuary, it will be a sea sanctuary that protects all marine wildlife within Palau's exclusive economic zone (EEZ)."
The EEZ covers almost 630,000 square kilometres (240,000 square miles) of the northern Pacific, including world-renowned scuba diving and snorkelling sites.
Natural Resources Minister Umiich Sengebau said the country earned only about $5.0 million a year from the fishing industry, with about $4.0 million coming from tuna fishing, which is dominated by vessels from Japan and Taiwan.
"The president feels that Palau is shortchanged," Sengebau told AFP.
He said Palau licensed a total of 129 foreign fishing vessels in 2010 but Pacific island nations received only a fraction of the income generated by tuna captured in their waters.
Remengesau said the Asian Development Bank estimated the global tuna industry was worth $4.0 billion a year and only nine percent went to Pacific nations where most of the fish are caught.
"Revenue received from commercial fishing licences and taxes from commercial fishing is a drop in the bucket compared to the profits made by large fishing companies," he said in a statement.
"An EEZ-wide no commercial fishing zone would mean that only sustenance fishing by Palauan residents and tourism-related sport catch-and-release fishing would be permitted."
He said the proposal was in its early stages and the government would look at alternative revenue sources before implementing it, particularly tourism.
"Some of that revenue will be recovered simply through the increase in tourism that results from the incredible marine biodiversity that will be protected by our sea sanctuary," he said.
Palau has only one ageing patrol boat and Remengesau conceded that enforcing any ban would be difficult, but was confident it could be achieved. -AFP
- Black 505 rally supporters stage another flash mob in KL
- Subramaniam: Health Ministry to set up operation rooms where API exceeds 200
- Penang freak storm: Report complete, no human remains found in car wreckage, say police
- Delays in KLIA2 opening affecting AirAsia's expansion plans, says CEO
- Open sale of sex stimulants in Sabah worries Kiulu rep Bangkuai
- Seven out of 12 Opposition reps in Sabah want Lajim as chief
- Robbery at sea of cargo ship being investigated, unsure if pirates involved, say police
- Fire and Rescue Department: 14 areas highly susceptible to forest fires identified
- Judicial Review application filed to declare appointment of ministers unconstitutional
- Lock-up deaths: Permanent coroner's court for each state to deal with deaths in custody, says Shukri
- Want a gun? Just print it out

- Lock-up deaths: Dharmendran's son will never be able to celebrate Father's Day again, says mother

- Pakatan MPs will attend Parliament swearing-in, says Anwar
- Two college students among five arrested for mass robbery
- Scrap metal dealer killed in gang territorial war
- Kulim suspended on Thursday for corporate announcement
- Petronas Dagangan eyes regional airports to expand jet fuel biz
- KLCI ends in the red, BAT, UMW down (Update)
- Gloom lifted from MRCB Southern Link as ratings upgraded
- Malaysia's May inflation rate up 1.8% on-year
- Nazir: Bank of Commerce talks to conclude shortly
- Japan's exports pick up pace, give economy momentum
- Asia business sentiment rises in second quarter, global growth risk still dominates
- Moody's: Outlook on China's life insurance industry stable
- AIA and Public Bank offer new insurance plans
- Tambun Indah plans RM200m capex to expand landbank
- Tune Ins sees healthy growth as air travel, tourism pick up
- Nazir Razak: Rising likelihood of major reversal of hot money out from Asia
- Blue chips edge higher in volatile trade (Update)
- Eversendai tendering for RM8b of projects
- French floods claim first victim, Lourdes remains closed
- Thousands evacuated after blasts at Russian arms depot
- Bieber off hook after car hits photographer
- Mexico arrests man on FBI's top 10 Most Wanted list
- Disabled woman, US child held captive with snakes
- World's largest all-solar-powered boat shines in NYC
- Samoan airline introduces 'XL' class
- West Africa has world's worst piracy rate
- Congolese teacher admits killing elephants for ivory: WWF
- NASA enlists public in hunt for major asteroids
- NBA: Heat beat Spurs to force game seven
- FedEx eyes record win at Wimbledon
- Brazilian Massa looking ahead to team’s revival
- V Shem-Khim Wah face tough opener in Singapore Open
- Springboks’ De Villiers may miss final
- Results worldwide
- Former world junior champ Zulfadli in main draw
- Star Wallaby winger fit to face Lions
- Hesson laments NZ’s failure to grab chance
- Omega Pharma pin Tour hopes on Mark
- Shahidan needs Cabinet nod to hold posts, says Khairy
- Direct flight now to Naypyitaw for Malaysian SEA Games squad
- Aussie Kulacz hopes to repeat 2009 Selangor Masters triumph
- India’s Anirban relying on short putter for success
- Iain steels himself for a good show at Seri Selangor
- Two-year-old makes touching request at her dad’s funeral
- Rush to escape storm proves deadly
- Boy nabbed for buying air rifles
- CCTV to shed light on missing hawker
- Airsoft guns are easily available online
- Mentally disabled man missing since Sunday
- Medium threatens couple with black magic
- New DAP man turns on his party after elections
- Four times as many hotspots in Sumatra now
- Peat fires and the ever-repeating haze
- Inter-Pacific Research values AirAsia X at RM1.66
- Boy nabbed for buying air rifles
- Want a gun? Just print it out
- Nazir Razak: Rising likelihood of major reversal of hot money out from Asia
- Airsoft guns are easily available online
- EPF being courted by mid-cap companies
- MAHB sets May 2, 2014 as KLIA2 revised opening date
- Two-year-old makes touching request at her dad’s funeral
- Peat fires and the ever-repeating haze
- Many taking precautions against haze

