The president of Palau is proposing to declare Palau's entire EEZ a marine sanctuary where any commercial fishing would be banned.
Prima vista, it sounds like a great initiative.
It is undoubtedly so that those distant water fleets are pillaging the Pacific without any regard for sustainability and against totally inadequate compensation - and I'm not only talking about Japan and Taiwan but very much also the USA and Europe! With that in mind, one should really finally tell them to fuck off.
But is a total fishing ban really the best solution?
Would it not be way smarter to start developing a local commercial fleet, to fish sustainably, process the Fish in Palau and then sell it offshore? After all, if managed properly, Fish are a totally renewable resource and truly sustainable fishing does not harm biodiversity - so why deprive the country of this income and the tourists, of their Lobster Thermidor?
Hell, defining and implementing 100% sustainable fishing quotas and techniques with the aid of some reputable NGOs would be a great project and propel Palau right to the top of visionary fishing nations!
Or am I missing something here?