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EU, Seychelles Strike Up $39.4 Million Fisheries Partnership Agreement

EU, Seychelles Strike Up $39.4 Million Fisheries Partnership Agreement

The European Union and the Republic of the Seychelles have signed a new Protocol to the EU-Seychelles Fisheries Partnership Agreement.

The duration of the Protocol will be 6 years and will allow the European fleet to continue its fishing activities uninterrupted in the waters of the Seychelles when the current Protocol expires on 17 January 2014.

The conclusion of these negotiations guarantees the long-term continuity of the most significant tuna agreement for the EU in the Indian Ocean, both in terms of the fishing opportunities it provides the EU fleet and, in turn, the financial benefits derived by the Seychelles as a result of the EU fleet’s activities in the region.

Read more at fishnewseu.com