The Morocco-EU fisheries agreement, signed earlier this week in Brussels, represents a major victory for Moroccan diplomacy. This agreement also has very positive effects on the revitalization of the local fish market.
In the publication of this Wednesday, January 16, Daily Morocco returns to the Morocco-EU fisheries agreement signed earlier this week in Brussels. The publication reports that the ratification by the European Parliament is expected to take place in February and that the Spanish lobby is paying attention to it, so that the ratification can take place on the European side as quickly as possible. We note in detail that the ships of Galicia, Andalusia and the Canary Islands remain the main beneficiaries of the agreement. This fleet has been cold for six months and arrival in the Moroccan fishing zones remains dependent on the entry into force of the protocol.
However, it is clear that this fisheries agreement is a victory for Moroccan diplomacy. It must be said that the agreement now covers the entire Atlantic coastline from Cape Spartel to Cape Blanc, making the kingdom significant profits. In detail, a maximum of 128 European vessels can use an average annual fish volume of nearly 100,000 tons, of which 94,000 tons are small pelagic species instead of 83,000 tons. It is also noted that the future catches of European vessels will account for only 7% of the annual volume collected by the national fleet, namely around 1.4 million tonnes.
The publication also notes that the benefits for Morocco are not only financial, since the agreement provides for the entry of 487 Moroccan seamen on board European ships, compared with 444 previously. There is also an obligation to land part of the catch in Morocco to boost the fishing industry and the local market.