In a significant policy shift, the Maldives government announced it will lift its ban on shark fishing, effective November 2025. This decision aims to revive the gulper shark fishery, which had been dormant since 2010 when the industry was halted in favor of more lucrative diving tourism.
President Mohamed Muizzu disclosed the reversal during a visit to Kulhudhuffushi island, urging local fishermen to prepare for the reopening of the fishery. The new management plan is intended to regulate shark fishing sustainably, balancing economic revival with environmental concerns.
The Maldives had imposed strict regulations on shark fishing since 1998, culminating in a complete ban in 2010. This move was primarily driven by the growing success of the tourism sector, which now significantly outpaces the traditional shark oil exports. However, the government now believes that with proper management, the gulper shark fishery can be reintroduced without threatening marine biodiversity.
Environmentalists and local communities are watching closely as the policy unfolds, concerned about potential impacts on shark populations and marine ecosystems. The upcoming months will be crucial in determining how this industry revival will balance economic needs with conservation efforts, reflecting a similar situation seen in other regions facing similar dilemmas in resource management. For related coverage, see recent developments in politics.