The Economic, Social and Ecological Performance of the Industrial Trawl Fishery in Ghana: Application of the FPI’s
To ensure that benefits from capture fisheries accrue to nationals, fisheries regulations and acts prioritize local access and harvest rights in near and distant waters within a nation’s exclusive economic zone (EEZ). The lack of local capital to finance industrial fishing, such as trawling, has compelled developing coastal countries’ fishermen to access foreign investment through contractual agreement such as hire-purchases.