On 2 July, a Paper from the Global Initiative Against Transnational Organised Crime says that the waters off Somalia are some of the richest fishing grounds in the world and are still largely untapped.  It says that since the decline in attacks by Somali pirates since 2012, foreign fishing fleets have gradually returned to Somali waters. However, many of these vessels, particularly those originating in Iran, Yemen and SE Asia, routinely engage in IUU (illegal, unreported and unregulated) fishing practices.  It says that state institutions are extremely weak and corruption is widespread.  Fishing licences and other permissions issued by one local Somali authority are often not recognized by another.  The paper presents 3 case studies of IUU fishing practices in Somalia, each illustrating a different facet of corruption within Somali state institutions.

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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