Page 323 - Records of Bahrain (7) (ii)_Neat
P. 323

Economic and financial affairs             713

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             of around £7 million a year.   Ponrl fishing in no longer an
            important local industry and the Ruler is too rooted in the
            past to think of challenging the Japanese in the field of
             cultured pearls.   Agriculture and fishing, both of which
            have never received any active encouragement from the Bahrain
             Government are also of only marginal value,    The experimental
            farm run by the Government has never been given the support
             and encouragement which the■Agricultural Trials Station at
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            Has al Khaimah has enjoyed from Her Majesty1o Government and
             from the local Rulers and grov/ers and which has resulted in
             the Trucial States becoming an exporter of vegetable produce.
            Bahrain could have matched -he success of the Trucial States,
            but the lack of encouragement given io the experimental farm
             has been aggravated by the unfair system of land lensoholding,
             by tlie corrupt marketing arrangement 1 and by the prohibition

             imposod by the Ruler on the export of fresh vegetables to
             Qatar, Bahrain's natural market but, unhappily, also the

             Ruler's enemy.   In any event the dwindling supply of fresh
             water, which at the present rate of fall in the water table
             threatens to run out in about the year 2000, deprives
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             agriculture of any long-term future in Bahrain,    As far as
             fisheries are concerned, Bahrain appears to have lost her
             opportunity si«. .  a possible Anglo-Kuwaiti partnership is now
             exploring the possibility of basing a fishing industry on
             Dubai;   and there will be no room in the Gulf for two fishing
             industries.
             7.   If fishing and agriculture offer no future for Bahrain,

             nor do tho other present supports of her prosperity offer any
             bettor prospects.   Oil royalties will drop aftor 10 years and
             Possibly end after 20, whilo shortage of water may thereafter
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