$6.4 million for Nicaraguan fisheries sector
The financing is coming from loans obtained from the World Bank and Alba Caruna, for the modernization of the fishing sector.
Friday, January 9, 2009
According to elnuevodiario.com.ni "the objective of the program is to improve security conditions throughout each step in the fishing process, and hence loans will be made available to fishermen who are members of cooperatives or who work individually.
Starting on March 17th, fishing vessels must install a radar system that will enable them to be located and tracked by ARAP.
Authorities intend to monitor fishing boats via GPS devices.
Fishermen are calling for attention from the national authorities over the recovery of the activity which is now mostly performed by foreign companies.
Governments of the region signed two regional aid covenants with The Billfish Foundation and OSPESCA to benefit the fishing sector.
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