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Wednesday 12 February 2014

Morocco's House Of Representatives Unanimously Adopts Fisheries Agreement With EU

Vocal synthesis
Morocco's House Of Representatives Unanimously Adopts Fisheries Agreement With EU

The Moroccan House of Representatives unanimously adopted on Monday the fisheries agreement signed between Morocco and the EU last July.

The four year fisheries agreement had also been approved at a plenary session of the European Parliament.

It allows fishing vessels from 11 EU countries, mainly Spain, to fish in Moroccan waters in return for an annual EU payment of about 40 million Euros, including 14 million Euros earmarked to support the development of the Moroccan fisheries sector. Some 30 million Euros will be provided through the EU, while an estimated 10 million Euros will be paid to the Moroccan state in fees by ship-owners intending to fish under the agreement.

Speaking at the session, delegate-minister for foreign affairs and cooperation, Mbarka Bouaida, underlined that the agreement defines relations between Morocco and the European Union in fishing in a way that safeguards Morocco's national interests, supports political bonds with the EU and secure the sustainability of Morocco's sea resources.

MAP 11 February 2014