NZ reflagging foreign fishing vessels best option to protect national reputation, officials say

Tue, 25 Sep 2012

By Paul McBeth Sept. 26 (BusinessDesk) - The New Zealand government's decision to force foreign fishing vessels to register under the local flag was the best option to protect the nation's reputation, which was under scrutiny in the US and UK amid reports of abuse on some South Korean charters. The Ministry for Primary Industries backed a Cabinet decision imposing a four-year transition period where foreign fishing boats will have to fly New Zealand's flag as "the most durable option" and least likely to need more intervention in the future,...

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