Economy Policy

Thailand and Vietnam Lack of Fish Since the “Boom” Minister Susi’s Policy

Thailand and Vietnam are two countries that are beginning to feel the impact of the “Boom” policy carried out by the Minister of Maritime Affairs and Fisheries, Susi Pudjiastuti. Based on 2017 data, for example, Thailand’s GDP was initially 15 to minus 3.5, as well as the GDP of Vietnamese fisheries which experienced a drastic decline.

Minister Susi said that Indonesian fish stocks had risen from 7.1 tons per year before 2015 to an average of 12.5 tons per year since the government began cracking down on illegal fishing by foreign vessels in 2015. As a result, the Ministry of Maritime Affairs and Fisheries (KKP) recorded Indonesia’s gross domestic product (GDP) of Rp. 169.5 trillion (US $ 11.2 billion) last year, the highest in Southeast Asia.

“So now we know where these countries really get their fish,” she said as reported by The Jakarta Post, Monday (22/10/2018). “They must really buy Indonesian fish,” continued Susi.

However, Susi said that her tough attitude towards illegal fishing vessels did not mean that the Indonesian fishing industry would be completely closed to foreigners. She said the government welcomed foreigners to invest in the domestic fish processing sector, provided the ships and fishermen came from Indonesia.

“We welcome foreign investment, provided that fishing is carried out by Indonesians,” he said.

Sinking illegal fishing boats is a revolutionary policy carried out by Susi. Under her guidance, the government has drowned more than 380 vessels since 2015. “You cannot solve big problems with a soft approach, so we set the ‘boom’ approach,” Susi said. (tjp/bas)

The Jakarta Post

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