The waters that surround Taiwan and the nation’s role in the world’s oceans have been the focus of top-level attention this year, as the government has endeavored for the EU to lift its yellow card on the deep-waters fishery industry and to win passage of the Ocean Basic Act (海洋基本法).
The EU on June 27 removed Taiwan from its list of uncooperative nations in the fight against illegal, unreported and unregulated fishing, while the Legislative Yuan passed the act on Friday last week.
The act is intended to ensure Taiwan sustainably uses the sea and its resources, and facilitates collaboration on international marine affairs by educating the public about the oceans, building a high value-added marine industry, promoting environmental friendly measures and engaging in international maritime exchanges.
President Tsai Ing-wen (蔡英文), Premier Su Tseng-chang (蘇貞昌) and other officials this week talked up marine education, recreation and protection. Tsai spoke about encouraging the public to learn more about the oceans and develop an interest in fishing, while Su said that Taiwan as an ocean nation needs to pay tribute to the sea.
Even before the act was passed, the Executive Yuan was planning a more vigorous approach in cleaning the nation’s coastline by charging eight agencies overseen by the Environmental Protection Administration with removing garbage, discarded fishing gear and driftwood.
However, as with much of the nation’s legislation, the devil is in the details, and when it comes to the Ocean Basic Act, much remains unknown.
Under the act, the Executive Yuan must produce a white paper setting out the government’s approach to ocean affairs within a year and establish a marine development fund.
If the government is serious about protecting the world’s oceans, and not just with promoting recreational fishing and the deep-waters fishing industry, it should review the report issued on Thursday by Greenpeace International, titled Ghost Gear: The Abandoned Fishing Nets Haunting Our Oceans.
Citing a 2009 UN Food and Agricultural Organization report and a 2014 study published on PLOS One, Greenpeace said an estimated 640,000 tonnes of fishing industry gear is lost or abandoned in the oceans annually, including nets, packing containers and buoys, accounting for 10 percent of the plastic waste in the oceans. By weight alone, as much as 70 percent of the microplastics on the surface of the oceans comes from fishing activities, with more than half from discarded buoys, it added.
Not only is ghost gear deadly to marine life, it is a hazard to ship navigation, the report said. Greenpeace is urging governments to take three actions: agreeing by next spring on a “Global Ocean Treaty” to provide protection for marine life in international waters; adopting the solutions and best-practice protocols suggested by the Global Ghost Gear Initiative; and taking steps to address marine pollution through regional and international organizations.
As Taiwan is not a UN member, it cannot sign the proposed Global Ocean Treaty, but it certainly can follow through on the second and third recommendations.
Taiwan operates one of the world’s largest fleets of deep-sea fishing vessels, if not the largest. It is a major player in the global seafood industry and a member of several regional fisheries management organizations.
If the nation takes action on ghost gear, it could have a major impact on the problem and the fishery industry.
A week ago today, the government declared that starting next year, Taiwan would join with other nations around the world in recognizing June 8 as World Oceans Day.
It would be great if by that day, the government could announce that it is committed to eliminating the threat that ghost gear poses to marine, human and other life.
The conflict in the Middle East has been disrupting financial markets, raising concerns about rising inflationary pressures and global economic growth. One market that some investors are particularly worried about has not been heavily covered in the news: the private credit market. Even before the joint US-Israeli attacks on Iran on Feb. 28, global capital markets had faced growing structural pressure — the deteriorating funding conditions in the private credit market. The private credit market is where companies borrow funds directly from nonbank financial institutions such as asset management companies, insurance companies and private lending platforms. Its popularity has risen since
The Donald Trump administration’s approach to China broadly, and to cross-Strait relations in particular, remains a conundrum. The 2025 US National Security Strategy prioritized the defense of Taiwan in a way that surprised some observers of the Trump administration: “Deterring a conflict over Taiwan, ideally by preserving military overmatch, is a priority.” Two months later, Taiwan went entirely unmentioned in the US National Defense Strategy, as did military overmatch vis-a-vis China, giving renewed cause for concern. How to interpret these varying statements remains an open question. In both documents, the Indo-Pacific is listed as a second priority behind homeland defense and
Every analyst watching Iran’s succession crisis is asking who would replace supreme leader Ayatollah Ali Khamenei. Yet, the real question is whether China has learned enough from the Persian Gulf to survive a war over Taiwan. Beijing purchases roughly 90 percent of Iran’s exported crude — some 1.61 million barrels per day last year — and holds a US$400 billion, 25-year cooperation agreement binding it to Tehran’s stability. However, this is not simply the story of a patron protecting an investment. China has spent years engineering a sanctions-evasion architecture that was never really about Iran — it was about Taiwan. The
In an op-ed published in Foreign Affairs on Tuesday, Chinese Nationalist Party (KMT) Chairwoman Cheng Li-wun (鄭麗文) said that Taiwan should not have to choose between aligning with Beijing or Washington, and advocated for cooperation with Beijing under the so-called “1992 consensus” as a form of “strategic ambiguity.” However, Cheng has either misunderstood the geopolitical reality and chosen appeasement, or is trying to fool an international audience with her doublespeak; nonetheless, it risks sending the wrong message to Taiwan’s democratic allies and partners. Cheng stressed that “Taiwan does not have to choose,” as while Beijing and Washington compete, Taiwan is strongest when
RSS