22 Jan 2014

Thousands of tuna jobs lost in Fiji

9:46 pm on 22 January 2014

As many as 2000 jobs may be lost in Fiji because the domestic arm of its largest tuna company is closing down.

Managing director of Fiji Fish marketing group Grahame Southwick says the company has been suffering losses for years.

He says a vast number of government-subsidised Chinese fishing vessels are overfishing Fiji's waters, and too many tuna licences are being granted.

Mr Southwick says the closure will be a massive blow to the Fiji economy but the government has done nothing concrete to stop the closure.