EU and Guinea-Bissau renew sustainable fisheries partnership

This agreement promotes sustainable fisheries governance while fostering local economic development and will help boost fisheries governance, enhance environmental protection and create jobs in Guinea-Bissau’s fisheries sector.

“This partnership strengthens transparency and contributes to the sustainable management of Guinea-Bissau’s marine resources,” said a spokesperson for the European Commission.

Fisheries development

The agreement covers multiple species, including tuna, cephalopods, and shrimp allowing EU vessels from Spain, Portugal, Italy, Greece and France to fish in Guinea-Bissau’s waters.

The EU will contribute €85 million over five years, with €17 million per year allocated to sustainable fisheries management, surveillance, and support for local communities. Shipowners will also pay additional fees, bringing the total financial package to over €100 million.

This protocol supports Guinea-Bissau’s strategic goals for fisheries development and will create local value through job creation, scientific collaboration and further the fight against illegal fishing. It also includes provisions for improved working conditions for local fishers aboard EU vessels.

The agreement is set for provisional application from 18 September 2024, while awaiting full ratification by both parties.

This renewal marks a significant step in promoting sustainable fisheries and economic development in Guinea-Bissau, aligning with the EU’s long-term goals for fisheries governance and the blue economy.

More information on Sustainable fisheries partnership agreements (SFPAs)