EU, Guinea Bissau set three-year fisheries deal
The European Union on Sunday agreed to a new three-year fisheries partnership agreement with Guinea Bissau.
As part of the deal, the EU will pay the West African county EUR 9.2 million annually in exchange for fishing opportunities for finfish (including tuna), shrimp and cephalopods. Of the EUR 9.2 million, EUR 3 million will be allocated to support Guinea Bissau’s fisheries policy.
EU members with interests in the agreement are mainly France, Portugal and Spain. The current deal expires on 15 June.
The agreement reinforces the role of the joint scientific committee to improve scientific advice and further develop management measures. It also strengthens control thanks to the use of vessel monitoring system (VMS) and electronic logbooks.
“Both parties are satisfied with the results of the negotiations. This new protocol underscores the continuous strong cooperation on fisheries between the EU and Guinea Bissau,” said EU Fisheries Commissioner Maria Damanaki.
Last week, the EU reached a fisheries partnership agreement with Greenland.