company owns. Chartered foreign fishing vessels catch 

 approximately 60 percent of the entire catch in the New 

 Zealand EEZ. An estimated 100 foreign fishing 

 vessels will be hired under charter arrangements in the 

 1992/93 fishing year. These vessels come from many 

 countries, including China. The chartered vessel catch 

 is composed largely of groundfish species, such as hoki 

 and southern blue whiting, and squid." 



Palau: The Zhong Yuan Fisheries Company is a 

 joint venture company in Palau which was formed by 

 the CNFC, and the Fujian, Shantou, Hainan, and 

 Northsea Marine Fisheries Companies. The Chinese 

 companies have formed this tuna fishing venture with 

 Palau International Traders Incorporated (PITl). Only 

 exploratory fishing had been conducted by this venture 

 as of 1990 when it reportedly operated 23 longliners. 

 An unspecified number of pole-and-line vessels were 

 also used, but this fishing technique was abandoned 

 because of "operational difficulties." China planned to 

 operate 30 longliners off Palau in 1991 with a catch 

 target of 800-1 ,000 t of tuna for export to the Japanese 

 Sashimi market. Part of the catch is flown to Japan via 

 Guam; the rest is transshipped to Japanese carriers. 



The most recent information available indicates that 

 30 Chinese longliners participate in the PITI joint 

 venture, with an additional Chinese longliner 

 participating in a Chinese/Taiwan joint venture called 

 Palau Marine Industries Corporation." The Japanese 

 fisheries press estimates there are as many as 120 

 Chinese vessels operating in Palau.-" 



D. Africa/Middle East 



A fleet of 12 Chinese trawlers (200GRT class) and 

 one refrigerated transport vessel (850GRT) began 

 fishing in waters off the West African countries of 

 Guinea Bissau, Senegal, and Sierra Leone in 1985.-' 

 At that time, six vessels fished off Guinea Bissau, four 

 vessels fished off Senegal, and two vessels fished off 

 Sierra Leone. Target species were hairtail, sea bream, 

 and cuttlefish for the domestic Chinese market. Some 

 of the catch, however, was sold to major Japanese 

 fisher>' companies such as Taiyo and Nissui. These 

 two companies also sent technical advisors to assist the 

 Chinese.^' 



Guinea Bissau: China has a govemment-to- 

 govemment fisheries agreement with Guinea Bissau 

 which allowed 12 Chinese fishing vessels access to 



Guinea-Bissau waters in 1990. In exchange for access, 

 China is providing assistance in fishing vessel 

 construction and resource survey techniques. 



Las Palmas, Spain: The CNFC participates in a 

 joint venture with CIFIDECO Spain, a branch of 

 CIFIDECO Ltd. (registered in Hong Kong), China 

 International Trust and Investment Company, and 

 CEDECO Italy. Las Palmas is the base for the 

 Chinese distant-water fleet in West Africa and this joint 

 venture provides overall support services to the Chinese 

 fleet." 



Mauritania: China signed a fisheries agreement 

 with Mauritania in August 1991. Few details are 

 available, other than that the agreement calls for 

 cooperation in all aspects of fisheries.-* 



Morocco: The CNFC and China International 

 Trust and Investment Company have formed a joint 

 venture called MAC-FISHERY with the GROUPE 

 SONARP MOROCCO. The company initially owned 

 4 fishing vessels which fished in the Morocco EEZ. 

 MAC-FISHERY planned to deploy 6 new Chinese-built 

 vessels in 1990. 



Nigeria: Dolphin Fisheries Ltd. is a joint venture 

 with the CNFC in Nigeria. The joint venture operates 

 4 vessels and is engaged in fishing, exporting, and 

 marketing operations. 



Senegal: China has formed a joint venture 

 company called SOACHIP S.A. in Senegal. The 

 venture consists of the CNFC and the AFRICAMER 

 Co. Ltd. The venture company owns 6 fishing vessels 

 and is involved in harvesting, marketing, and fishing 

 vessel repair operations. 



E. Latin America 



Argentina: CIFIDECO Ltd. joined forces with 

 GERPESCA S.A. of Argentina to form the joint 

 venture company, CIFIDECO Argentina S.A. This 

 company is engaged in fisheries trade and aquaculture 

 operations. Another joint venture company, 

 CODEPECA S.A., was founded by CIFIDECO 

 Argentina S.A. and HARANGUES S.A. The CNFC's 

 Dalian shipyard is building fishing vessels and 

 providing labor for this joint venture. A total of 4 

 vessels were involved in this venture at the beginning 

 of 1989, with plans to expand the fleet to 1 1 vessels in 



18 



