Tuesday, February 21, 2012

Somalia's Rich Maritime Resources Being Plundered, Report Says

UNITED NATIONS, Feb 21, 2012 (IPS) - The international community has failed to grapple with the real underlying political and economic issues facing the troubled East African nation of Somalia, which has been surviving without an effective government for over two decades, according to a new study released here.

With the country's 3,300-km coastline virtually unprotected, industrial fishing vessels from Europe and Asia have entered the area in large numbers and are plundering Somalia's rich maritime resources.

With the country's 3,300-km coastline virtually unprotected, industrial fishing vessels from Europe and Asia have entered the area in large numbers and are plundering Somalia's rich maritime resources. Authored by Suzanne Dershowitz and James Paul, the report was released ahead of a high-level international conference on Somalia scheduled to take place in London Feb. 23. More