Global Tender Notices
  Economy and Business Opportunities from French Southern Territories
Global Tender Notices - Business Opportunities - International Tender Notices
Economy of French Southern Territories

The territory's natural resources are limited to fish and crustaceans. Economic activity is limited to servicing meteorological and geophysical research stations and French and other fishing fleets.

The main fish resources are Patagonian toothfish and spiny lobster. Both are poached by foreign fleets; because of this, the French Navy and occasionally other services patrol the zone and arrest poaching vessels. Such arrests can result in heavy fines and/or the seizure of the ship.

France used to sell licenses to foreign fisheries to fish the Patagonian toothfish; because of overfishing, it is now restricted to a small number of fisheries from Réunion Island.

The territory takes in revenues of about €16 million a year.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Economy Of French Southern Territories"

Global Tenders has one of the largest database of international and national tenders/competitive bids, procurement news, project information, contract awards, related to French Southern Territories from all over the world..
This section contains economy and business opportunities and from French Southern Territories
Global Tenders World Tenders International Tenders Copyright 2002-2017 Anroh Global Services Pvt. Ltd./World Information Pages/Global Tenders. All rights reserved.