Economy of Western Sahara
The majority of the territory of Western Sahara is currently administered by the Kingdom of Morocco. As such, the economic activity of Western Sahara happens in the framework of the economy of Morocco. However, there are no patent laws in Western Sahara.
In the Moroccan-administered territory, fishing and phosphate mining are the 2001 signed contracts to explore for oil off the coast of Western Sahara.
The area east of the Moroccan defensive wall is mainly uninhabited. There is practically no economical infrastructure and the only activity is camel herding kept by beduins and also many Tuaregs who depend on pastoral nomadism. The government-in-exile of the Polisario front has signed oil contracts of its own, but there is no practical exploration.
Fishing and oil exploration contracts concerning Western Sahara are sometimes sources of political tension. Key agricultural products include fruits and vegetables (grown in the few oases); camels, sheep, goats (kept by nomads.)
Read more about this topic: Economy Of Morocco
Famous quotes containing the words economy of, economy and/or western:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kindno matter how ultimately profitable or otherwise successful some of them might prove to bethere is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (18031882)
“It is said that some Western steamers can run on a heavy dew, whence we can imagine what a canoe may do.”
—Henry David Thoreau (18171862)