Categories: EconomicsFeaturesNews

Somalia Renews Agreement with Chinese Fishing Company

In a bid to boost its fishing sector and combat illegal fishing activities, the Federal Government of Somalia has said it renewed its Memorandum of Understanding (MoU) with a Chinese fishing company.

The agreement allows licensed Chinese fishing vessels to operate in Somalia’s waters and catch tuna legally.

Mr. Ahmed Aden, the Minister of Fisheries and Marine Resources in Somalia, held a crucial meeting with the Chinese Ambassador to Somalia, Mr. Fei Shengchao, to finalize the agreement. During the meeting, Mr. Aden praised the Chinese association as valuable partners, acknowledging their commitment to abide by fishing laws and support Somalia’s efforts to develop its fishing sector.

“Chinese association are valuable partners 1st to obtain fishing licenses legally, appreciate their commitment to operate within the fishing laws and combat illegal fishing” said Somalia’s Fisheries Minister

The Mister said that the cooperative move aims to foster mutual benefits between the two nations. In return for the fishing licenses, China has pledged to collaborate with the Federal Government of Somalia and provide support for the development of the fishing industry in the region.

MM Editor

Recent Posts

Widespread damage from magnitude 7.1 earthquake in south-west Japan

Several people are trapped inside a shopping centre after a strong earthquake hit south-west Japan,…

40 mins ago

Federal Government and Opposition talks to resume in Mogadishu

Negotiations between the Federal Government and the Opposition are set to restart, with ongoing disputes…

42 mins ago

Somalia Deputy Information Minister Al-Adala denies Puntland claims, says National Security is a Federal Responsibility

Somalia's Deputy Minister of Information, Culture and Tourism, Abdulrahman Yusuf Al-Adala, has dismissed allegations made…

3 hours ago

Ali Yussuf Hosh: Government won’t retreat on the Electoral System as Direct Elections move forward

Somalia’s Minister of Internal Affairs, Ali Yussuf Hosh stated that the country will not back…

3 hours ago

With no family in India, 44 Somali pirates seek first-ever transfer home under treaty.

A week after a Mumbai special court sentenced 44 Somali pirates to life imprisonment, the…

4 hours ago

Nigeria tells South Africa to curb xenophobic attacks on migrants, questions state response

Nigeria urged South Africa on Monday to do more to prevent xenophobic attacks on Nigerians…

5 hours ago