CARACAS, Venezuela, March 17 (UPI) -- The Venezuelan government plans to spend more than $46 million as part of a fisheries plan that includes taking over some fishing boats.
El Universal reported Tuesday that the government plans to expropriate the 30 trawlers. The newspaper noted that the ship owners don't know if their boats are among those to be taken over by the government.
President Hugo Chavez outlined his plan for fishing activities and declared the end of trawling activity in Venezuela during a speech in Puerto Sucre.
Chavez said the 30 fishing boats would come from owners who did not convert their operations into traditional methods, using such things as nets and traps.
Agriculture and Land Minister Elias Jaua said the government would pay the operation with government bonds.