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EU, Morocco sign new fisheries agreement

APA

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A new fisheries agreement between Morocco and EU was signed in Rabat on Wednesday at the end of the sixth round of negotiations held from 18 to 19 July in the Moroccan capital, APA can report.The two parties were able to reach an agreement with due regard to the general principles which guided negotiations including the sustainable exploitation of resources, the prospects of financial return under the ground of possibilities in fisheries that will be agreed upon, and an improved management, a statement from the Moroccan Ministry of Agreement and Fisheries announced.

Concluded for a four-year period, the agreement will come into effect as soon as necessary and respective internal procedures have been completed, including its approval by the Moroccan and European parliaments.

The new agreement, signed by Moroccan Minister of Agriculture and
Fisheries, Aziz Akhannouch and Maria Damanaki, the European Commissioner in charge of fisheries and maritime affairs, provides six categories of fisheries accords by authorizing 126 European navies against 137 in a past agreement.

The annual financial return in line with the agreement is estimated at €40 million including €14 million devoted to the pursuit of the “Halieutis” plan for the implementation for the economic strengthening of the national fishing sector, while assuring a sustainable and responsible management of fisheries resources.

According to the Ministry of Agriculture and Fishing, the signing of this protocol constitutes an important step in relations between Morocco and the EU.

Since the signing of the Morocco-EU agreement of 1996, the agriculture and fisheries sectors have always occupied a leading position in ties between the kingdom and the European countries.

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