Indonesia's sea monster treasure continues to be hunted, worth trillions

Published 2022년 7월 25일

Tridge summary

Indonesia is home to a significant portion of the world's shark and ray resources, with these commodities valued at up to IDR 1.4 trillion annually. The Ministry of Maritime Affairs and Fisheries is working to regulate the trade of these species, which are increasingly threatened and valued for their high economic potential. The Ministry is emphasizing the importance of identifying these species to ensure they are not protected and the trade is in compliance with CITES regulations. The Ministry has also issued regulations to limit overexploitation of these species.

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Original content

Jakarta,CNBC Indonesia - The wealth of fisheries in Indonesia is extraordinary, with a high value of up to trillions of rupiah, such as stingrays and sharks. The Ministry of Maritime Affairs and Fisheries (KKP) continues to improve the control of the shark and ray trade. Sharks and rays are fishery commodities that have high economic value and are becoming a global concern, because their existence is increasingly threatened. Based on the KKP's written statement, quoted Monday (25/7/2022), the potential and diversity of Indonesia's shark and ray resources is high. It is recorded that 13 percent of the world's total production of sharks and rays comes from Indonesia with a significant export value, reaching IDR 1.4 trillion based on the results of a 2018 study. The Head of the Marine and Fisheries Training and Extension Center (Puslatluh KP) BRSDM Lilly Aprilya Pregiwati explained that knowledge of the identification of KKP officials in the field is important to ensure that the ...

Source: Cnbcindonesia