Costa Rica News – Costa Rica is to charge fishermen more because of the exploitation of the tuna market, which is valued at $50 million.
The new regulations are part of a decree that the Government presented after a 10-day public consultation.
The delivery of authorizations to fishing vessels used to be based simply on how much product the boat could hold. Now, the license cost will take into consideration the volume to be exploited and market situation (volume and prices).
The new cost has not yet been announced but it will rise to meet the reality of the market, in which the value of the product is worth much more than would be expected for such a low cost license.
The new model seeks also to guarantee the supply of raw material for the national industry, guaranteeing productive activity and competitive conditions.
It will do this by tying the license to a certain amount of tuna that can be caught, limiting the quantity fished for.