Friday, July 30, 2021

Logo Central America Link

Costa Rica is giving away its fishing wealth

Friday, March 17, 2017

Costa Rica’s laws allow international fleets to capture 95 percent of the tuna caught within Costa Rican waters, researchers from the National University and the non-government organization MarViva announced.

The figure is part of the research for a new book called “Characteristics of Tuna Fishing in Costa Rica” that researchers presented at a press conference.

The commercial value of tuna here is of some $62 million per year. Of this total, Costa Rica receives only $904,000 in licensing fees, the report states.

That means the country receives some $19 for each metric ton of tuna, which can reach a market price of some $2,000.

Source: Tico Times