29/03/2024 14:52
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Mauritania
 
             
 
         
 
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fishing
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Transforming fisheries  

 The fishing industry would be well served by an enhanced energy infrastructure. Blessed with rich seas along its 430-mile coast, Mauritania’s fisheries constitute 25-30 percent of the country’s budget. It could be looking at an even larger catch with the installation of large freezing and packaging units. Processing fi sh for export in Mauritania would boost the industry and add value to a signifi cant fishing agreement already signed with the European Union. Covering the 2006-2010 period, the deal is expected to reach $118 million in revenue and is the largest agreement between the EU and any other country. According to the EU, it is not only a commercial breakthrough, but it is also a partnership that will contribute to the sustainable management of fishing resources. Currently only one company exports frozen fishing products, the Société Mauritanienne de Commercialisation des Produits de Peche (SMCP). It was created in 1984 and became an important catalyst in the industry’s development. Its main export markets are Japan, Europe, and Africa.

It contributes 4-5 percent of Mauritania’s GDP. Th e company owns and operates 10 establishments along the coast that are EU accredited for adhering to international standards of hygiene and safety. SMCP’s director Mohamed Ould Rzezim notes that although it has served the national economy for 30 years, new products would give the country an even greater competitive advantage over its neighbors. “We have great potential in frozen and dried fish,” says Mohamed Ould Rzezim “But we need to further exploit products to ensure optimum conditions. With investments, we can liberalize and optimize this sector. We have a plan to increase commercialization and repatriate the transformation of fi shing products here in Nouadhibou.” The port of Nouadhibou serves as the gateway to Mauritania and is the fi rst port of call for investors looking to export goods. It also needs to be expanded and transformed to be competitive. Fisheries Minister Assane Soumaré says that part of the funds received from the EU contract will be used to develop the port’s infrastructure. “It is certain that in the future everything must be done to assure this treasure chest is used to create more opportunities in this country, both for factories and traditional fi shing.” A comparison of Mauritania and neighboring Senegal indicates how a restructuring could complement the sector’s potential. Senegal has revenues reaching $400 million per year employing 600,000 people, while Mauritania employs 36,000 people with an annual revenue of $350 million.

 
Source: foreignaffairs.org  

 
   

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