November 5, 2024

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Agreement with Chinese Fishing Company Hongdong Generates Criticism in Santa Cruz

Fundación Andrés Bello

A report by the Environmental Policy Circle reveals the problematic history of Hongdong Fisheries Co. Ltd, the second largest fishing company in China, which is seeking an agreement with the province of Santa Cruz to establish a fishing industrial plant. The company has a record of illegal fishing and human rights violations, including the abandonment of crew members and the capture of protected species.

Despite its negative reputation, Hongdong benefits from government subsidies that allow it to operate competitively in international markets, raising concerns about its impact on sustainable fishing and the marine ecosystem in the South Atlantic. Allegations include instances of illegal fishing in Argentine waters and the company's potential connection to the Chinese military arms trade.

The report also highlights the legal implications of an agreement with Hongdong, which could violate national and international regulations, affecting Argentina's sovereignty and environment. While fostering agreements that benefit port development is essential, partnering with companies that have illicit backgrounds would be irresponsible and counterproductive.

Main source: (Spanish)

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External links: (Spanish)

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