The European Parliament has approved a new fisheries partnership agreement with Guinea-Bissau for the period 2024-2029. This decision comes in the context of the need to regulate fishing activities of European vessels in Guinean waters and to support the sustainable development of the fisheries sector. The agreement concerns both European fishing operators and local communities in Guinea-Bissau.
The agreement falls within the EU's common fisheries policy and aims to ensure sustainable exploitation of marine resources. The main objectives include responsible management of fish stocks, support for the development of the fisheries sector in Guinea-Bissau, and guaranteeing fair conditions for European vessels operating in the region.
The agreement enters into force immediately after approval by all involved parties. Implementation will be coordinated by the European Commission in collaboration with Guinean authorities. Monitoring of compliance with the agreement's provisions will be conducted regularly, with regular reports to the European Parliament and Council.
The agreement will ensure access for European vessels to fisheries resources in Guinea-Bissau under regulated conditions, contributing to the security of fish product supplies on the European market. For Guinea-Bissau, the agreement brings financial benefits and technical support for the development of the local fisheries sector. Citizens of both parties will benefit from more sustainable fishing practices and improved protection of marine resources.
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