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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 1998-99 (1 July-30 June) 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 1998-99 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. |
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