Commerce and trade minister, Richard Maru, saysthe government may introduce a legislation that bans all foreign owned fishing companies that don’t have onshore processing plants.
Maru madethe announcement yesterday in Madang when meeting with people fromthPMIZ impact area.
He highlighted statistics fromthe Philippines that show that foreign owned companies make four times value of  the fish caught in PNG waters whenthey process it off shore.
Papua New Guineacollects license fees as well as ther minor revenue during and afterthe catch.
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