Somalia Fishing

Hilmaam

Hilmaam

VIP
All those regional states signing and FGS heads signing licensing fees are fools. Getting measly couple millions while our fish population are decimated, who knows what will even be left once we are back on our feet.

Following the February 2018 National Security Council revenue sharing agreement, the federal Ministry of Fisheries and Marine Resources issued fishing licenses legally and transparently for the first time in almost three decades to 31 Chinese longliners, earning a total of $1.05 million in license fees. The fees were initially deposited in an account at the Central Bank of Somalia but later shared among FGS, Puntland, Galmudug, Hirshabelle, South West and Jubaland in line with a revenue sharing agreement reached in Addis Ababa in March 2019. It is worth mentioning that apart from meager license fees, Somalia does not benefit much from the operations of licensed industrial vessels that neither process nor transship their fish catches at Somali ports, mainly due to the absence of suitable infrastructure, bunkering facilities and chandlery services that support the offshore fishing industry. While development of a homegrown, robust offshore fishing industry may take years if not decades, the country can still maximize revenue from its offshore resources through improved joint ventures and an appropriate licensing system for fishing by foreign fleets with provisions for a strong training component for national crew and a requirement for all vessels to transship their catch at local ports.
 
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Hilmaam

Hilmaam

VIP
Salute to pirates who put up a fight against these injustices :salute:
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Hilmaam

Hilmaam

VIP
Survival of the fittest if you have no government or are weak you will be preyed upon. Strong navy and coast guard is key to our nations future. Even so called muslim neighbors feasting on our misery
 
Hilmaam

Hilmaam

VIP
1950 all the way through 1980s governments spent millions and millions of dollars on training nomads to become fisherman during droughts. spent big money on training, boats, factories, refrigerations and today not much to show for it.

It was only after Siyad Barre took power that local authorities began to appreciate the potential of the underutilized fishing sector for food and export products.Consequently, a ministry dedicated to fisheries development was established in 1973 with a mandate to develop, manage and conserve the country’s fisheries and other marine resources. Local fishers were organized into 21 district-level fishing cooperatives and provided with technical and financial assistance in the form of training and fishing inputs such as motorized fishing boats, subsidized fuel, spare parts, fishing gear, office blocks and storage facilities for salt-dried products. A total of 15,000 droughtaffected nomads were resettled in the coastal towns of Eyl, Adale, Eel-Ahmed and Barawe and trained in fishing skills with a view to providing them with an alternative means of livelihoods and food security. This infusion of human resources into the sector contributed significantly to both the general consumption of fish at the national level and the production of fishery-related products.

In an effort to increase artisanal production, extensive shore-based facilities were established through bilateral and multilateral investments at various locations along the coastline from Ras Kamboni in the south to Zeila in the north. Notable among those installations were: freezing plants in Kismayo, Bosaso, Berbera and Barawe; a tuna cannery in Las Qoray; a modern fish market and fiberglass boatyard in Mogadishu; and fish collection centers with ice makers, chill rooms and in some cases cold stores in Ras Kamboni, Kudhaa, Booli Moog, Habo, Qandala and Zeila. Thanks to the government’s efforts, domestic fisheries flourished over the next 15 years and for the first time Somali fishery products accessed international markets in Africa, the Middle East and Europe, either directly or through third countries. The liberalization of the economy in the mid-1980s further encouraged a number of local businessmen to invest in the sector, giving it a much-needed boost at a time when fishing cooperatives were struggling to provide services to their members due to mismanagement, corruption and the discontinuation of government support. It was also around this time that the government initiated a credit scheme that provided fiberglass boats and other fishing inputs to retiring defense and civil service personnel as well as secondary-school leavers who wanted to join the fisheries sector.22 The civil war that broke out in 1991 not only toppled the government but also reversed gains made in infrastructure development. The fisheries sector was not spared and all its existing facilities were either looted or left in ruins during the war and the ensuing period of lawlessness. However, even without supporting infrastructure the fisheries sector has
 
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Hilmaam

Hilmaam

VIP
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In November 2018, the FGS finalized the sale of licences to 31 Chinese-flagged longliners to fish for tuna and tuna-like species in Somalia’s EEZ, generating a total of US$1.05 million. Somalia’s donor partners, in particular the UN Food and Agricultural Organization (FAO) and the World Bank, lauded the agreement; the World Bank, for instance, noted that it was the first time in more than two decades that the federal fisheries ministry had issued offshore fishing licences ‘legally and transparently’The development of the fisheries sector was also a political victory for the Somali government, which at the time was undertaking an IMF staff-monitored programme, which consisted of a series of technical benchmarks aimed at improving domestic revenue generation and, eventually, enabling national debt relief and access to international borrowing markets. The successful instrumentalization of the first federal-regional resource-sharing arrangement, therefore, had broader implications for Somalia’s international donor engagement and long-term economic growth. By early 2021, the fleet of licensed Chinese longliners licenced by the FGS Ministry of Fisheries and Marine Resources had grown to over 50, though at the time of writing the number stood at 21.8 As of January 2021, licence fees had generated a total revenue of US$2.7 million.As the provisional resource-sharing agreement expired in September 2020, however, licence fees collected since that time are yet to be distributed among the FMS, pending the renewal of the agreement.
 
Hilmaam

Hilmaam

VIP
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This MOU was formalized through a provisional agreement with respect to revenue-sharing in the fisheries sector on 22 March 2019 in Addis Ababa. Per the terms of the Addis Ababa agreement, the FGS was to retain 29 per cent of the revenues from its sale of fishing licences, with the remaining revenue shared among the five regional states (Figure 1). It was agreed that the right to issue licences beyond a 24 nautical mile limit from the shoreline would be the purview of the FGS, while the management of marine resources within this limit would devolve to the FMS. Pursuant to the terms of the 2014 Fisheries Law of Somalia, no foreign fishing vessels would be permitted within the 24 nautical mile limit, which is reserved for local fishermen; consequently, FMS were in effect prohibited from issuing licences to any non-Somali vessel or company.4 During the MOU negotiation process, it had further been agreed that all revenues would be deposited into an account at the Central Bank of Somalia, with distribution to be managed by a committee consisting of representatives of the FGS and each FMS.
 
Hilmaam

Hilmaam

VIP
Hilmaam said:
View attachment 270163

This MOU was formalized through a provisional agreement with respect to revenue-sharing in the fisheries sector on 22 March 2019 in Addis Ababa. Per the terms of the Addis Ababa agreement, the FGS was to retain 29 per cent of the revenues from its sale of fishing licences, with the remaining revenue shared among the five regional states (Figure 1). It was agreed that the right to issue licences beyond a 24 nautical mile limit from the shoreline would be the purview of the FGS, while the management of marine resources within this limit would devolve to the FMS. Pursuant to the terms of the 2014 Fisheries Law of Somalia, no foreign fishing vessels would be permitted within the 24 nautical mile limit, which is reserved for local fishermen; consequently, FMS were in effect prohibited from issuing licences to any non-Somali vessel or company.4 During the MOU negotiation process, it had further been agreed that all revenue would be deposited into an account at the Central Bank of Somalia, with distribution to be managed by a committee consisting of representatives of the FGS and each FMS.
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Bit wordy but basically within 24 miles waters is supposed to be only fished by local somalis. FMS are allowed to manage this waters, Im guessing to collect money through taxes and licenses to locals.

Beyond the 24 miles only the FGS is allowed to issues Licenses, and revenue is to be shared per table shared few posts up.
 
Hilmaam

Hilmaam

VIP
Neero said:
That sector needs massive funding witch somaliyee don't have sad
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user001 said:
theres plenty of investors who will gladly help somali fishing sector the only problem i see is government officials not giving priority to involvement opportunities
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Need ways for people to export and get good prices not sure how big our internal market is. Also need competitive electricity so people will invest in cold storage. Somaliland tries to get investment with following policies
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