Europe > Western Europe > European Union > European Union pays Mauritania fish treaty

European Union: European Union pays Mauritania fish treaty

2014/01/11

The European Union (EU) has paid the Mauritanian government 67 million euros under a fisheries accord signed between the two parties in August 2012, the EU announced on Thursday in Nouakchott.


The all represents EU's annual contribution under the fisheries protocol that will expire on 15 December 2014.

Renewable each 2 years, the partnership agreement with EU gives Mauritania around 130 million euros against 80 million euros under previous accords.

The EU said it would continue with the partnership in the context of negotiations for a next fisheries protocol this year.

There is as well better protection of some over-exploited species whose stocks are feared to be running out.

The European fleet is authorised to catch 300,000 tons of fish in Mauritanian waters per annum.

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