Fish stocks are an important policy issue in China. The most recent five-year plan regarding fishing policy called for improving the quality of catches to improve profitability. However, environmental degradation and overfishing have reduced the quality and quantity of China’s fish stocks. While China works on dealing with its environmental and fishing management policies, it has decided to go elsewhere to secure quality fish: Somalia.
China signed a deal with the Somali central government for licenses to fish. If you know about marine life off the coast of Somalia, the deal seems like a good idea. Somalia has abundant fish stocks that contain tuna, lobster, and swordfish. With the exception of coastal communities, Somalis largely don’t eat fish, so competition is limited. If the deal seems too good to be true, it’s because it is.
If you know anything about Somali politics, you should know that this deal is a horrible idea.
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Source: international.thenewslens.com
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