EU and Madagascar sign fisheries agreement

EU and Madagascar sign fisheries agreement. The EU and Madagascar signed a new sustainable fisheries partnership agreement (SFPA), and its implementing protocol. This new agreement represents a milestone in fisheries governance, since it restores the fisheries partnership between the EU and Madagascar that had been interrupted since 2018, and will contribute to good fisheries governance. The signature marks the start of the application of the agreement and protocol, so that from today the fishing vessels from EU Member States may start to request fishing in Madagascar again. The agreement will allow 65 tuna fishing vessels from EU Member States to access Madagascar waters over a period of 4 years. In exchange, the EU will: The total EU contribution will be €1,8 million per year. The new protocol also foresees a new contribution for the protection of ecosystems (paid by fishing vessels owners) and new provisions to encourage cooperation with Madagascar in the context of the Indian ...