3. Sell locally at wholesale prices. 



h» Srploy nationals vri.th the exception of necessary foreicn 

 technicians . 



All shrimp cor;^anies operating in I anaiTia have come under the 

 purview of this Act and have obtained 25-year contracts xiri-th tte govern- 

 ment. 



A more recent decree (No. 172 of Auj^ist $, 19^3) provides tliat 

 only boats built in I-anana can fish coriuaercialD.y. This legislation has 

 prevontsd a sudden influx of shrimp travelers wMch otherviise might have 

 occurred. It has also given stimulus to local boat builders (there were 

 about l5 travrlers \inder construction in Noveanb:3r, 19^5) • 



Decree llo. 172 also permits commercial fishing in xifaters over 

 the Continental Slvelf only to those persons having a second-class commercial 

 license, Panamanian and United States citizens can obtain these licenses 

 without residence requirements. Nationals of all other coimtries must 

 have resided 5 years in Panama prior to issuance of a license. 



For the past several years the Food and Agriculture Organization, 

 in cooperation with the Panamanian Government, has been studying methods 

 of improving the management of the shrii'^p fisheries. This program, however, 

 has not gone into developmental work. 



lUU 



