South Korea Raises Maximum Fine for Illegal Fishing to 1.5 Billion Won
President Lee Jae Myung orders coast guard to take stern measures against Chinese vessels operating illegally in South Korean EEZ
Quick Look
- South Korea will raise the maximum fine for illegal fishing in its exclusive economic zone to 1.5 billion won (US$1 million) from 0.3 billion won, the Ministry of Oceans and Fisheries said Thursday.
- President Lee Jae Myung has instructed the Korea Coast Guard to take stern measures against Chinese fishing boats operating illegally in South Korean waters.
AI-generated summary
SEOUL, April 23 (Yonhap) -- Illegal fishing by foreign vessels in South Korean waters will face tougher punishment under revised laws, the maritime ministry said Thursday. According to the Ministry of Oceans and Fisheries, the cap in fines on unlicensed vessels operating in the country's exclusive economic zone (EEZ) will be raised to 1.5 billion won (US$1 million) from the previous 0.3 billion won. The move came as President Lee Jae Myung has instructed maritime police to take stern measures against illegal fishing by Chinese vessels in South Korean waters, known as the exclusive economic zone (EEZ). Lee has asked the Korea Coast Guard to take stern measures against Chinese fishing boats when they operate illegally in South Korea's EEZ in the Yellow Sea.
