Under a new law, those who venture out in the 630,000 square kilometer-wide national territorial waters for fishing shark will be fined $5,000.
The Atlantic Ocean archipelago is the fourth country to ban shark fishing after Honduras, the Maldives and Palau. Environmentalists estimate that about 73 million sharks are killed each year to cater to high demand for its fins in Chinese cuisine.
Neil McKinney, President of the Bahamas National Trust, told reporters that sharks played an "extremely important" role in balancing the ecosystem. Bahamas Deputy Prime Minister Brent Symonette said the ban would not affect the country's relations with China, especially in trade.
Shark-diving adds $80 million a year in revenue to the country famous for its location of shooting for the epic movie series, Jaws.
by RTT Staff Writer
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