Economy - overview:
No economic activity is conducted at present, except for fishing off the coast and small-scale
tourism, both based abroad. Antarctic fisheries in
1998-
1999 (
July 1-
June 30) reported landing 119,898 metric tons. Unregulated
fishing landed five to six times more than the regulated fishery, and allegedly illegal fishing in antarctic waters in
1998 resulted in the seizure (by
France and
Australia) of at least eight fishing ships. A total of 10,013 tourists visited in the
1998-
1999 summer, up from the 9,604 who visited the previous year. Nearly all of them were passengers on 16 commercial (nongovernmental) ships and several
yachts[?] that made 116 trips during the summer. Most tourist trips lasted approximately two weeks.
- See also : Antarctica
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