The Marine Fisheries Act 2020: An Appraisal

Author: Sunanda Majumdar, Khalid Mahmud Bappy, Sheikh Mehbuba Moitree, Md. Sarjahan Hossain
DOI: doi.org/10.70279/bmj-v7-i1-1050
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Fisheries are absolutely an important source of income for Bangladesh. Sea Fishing Sector gives a huge revenue income to Bangladesh from the domestic and international markets. To regulate the Sea Fishing sector Bangladesh has passed Marine Fisheries Act, 2020 by repealing the previous Marine Fisheries Ordinance 1983. The aims of the new enactment is to exploited and preserve the marine fishing resources for greater national interest and also keep pace with the UNCLOS standard. The Act has already shown that it has some limits which is discovered through the analysis throughout this paper. The Challenges Bangladesh is facing with the fishing sector and how much the Act can help with the challenges & its’ flaws in proper maintenance are discussed here. Also, whether an amendment is needed or not can be found here. Moreover, the pricehike of the fishing vessels Deep sea and their shortcomings, and the struggles of fishermen are identified. The answer of the question of why Bangladesh has not sent any ships to the Deep sea zone yet has also been mentioned here. Also, what measures to be taken for this are examined and analyzed. The paper has tried to give recommendations where it is needed from the legal and administrative perspective to enhance the business and economic prospects. Overall, the purpose of this paper is to evaluate the possibilities, prospects, and Drawbacks of Deep sea Fishing- underlined under this Act.