09/25/2009 - Palau is to create the world's first "shark sanctuary," banning all commercial shark fishing in its waters.
The President of the tiny Pacific republic, Johnson Toribiong, will announce the ban during Friday's session of the UN General Assembly.
With half of the world's oceanic sharks at risk of extinction, conservationists regard the move as "game-changing."
"Palau has recognised how important sharks are to healthy marine environments, and they've decided to do what no other nation has done and declare their entire Exclusive Economic Zone a shark sanctuary," said Matt Rand, director of global shark conservation at the Pew Environment Group.
"They are leading the world in shark conservation."
Read the full article Palau Pioneers “Shark Sanctuary”, and watch the related video “Safe Waters” for Sharks in Palau on the BBC News' Web site.