Eu Seychelles Fisheries Agreement
The Seychelles Fisheries Agreement: A Win-Win for EU and Seychelles
The Seychelles, a small island nation in the Indian Ocean, has long been known for its pristine beaches, crystal-clear waters, and diverse marine life. Over the years, the Seychelles` fishing industry has become an essential part of its economy, providing employment and income to thousands of people.
To ensure the sustainability of its fishing industry and protect its marine resources, the Seychelles government has entered into an agreement with the European Union (EU) known as the Seychelles Fisheries Agreement.
What is the Seychelles Fisheries Agreement?
The Seychelles Fisheries Agreement is a bilateral agreement between the Seychelles and the EU, which allows EU vessels to fish in Seychelles` waters in exchange for financial compensation. The agreement was first signed in 1987 and has been renewed several times since then.
The Seychelles Fisheries Agreement allows EU vessels to fish for tuna, swordfish, and other pelagic species in Seychelles` waters. The agreement is based on a sustainable fishing policy, ensuring that the fishing activity does not harm the Seychelles` marine environment or the livelihood of its local fishermen.
What are the benefits of the Seychelles Fisheries Agreement?
The Seychelles Fisheries Agreement is a win-win for both parties. For the Seychelles, the agreement provides a significant source of income and employment to its people. The financial compensation paid by the EU is used to support local development projects, such as education, healthcare, and infrastructure.
For the EU, the Seychelles Fisheries Agreement provides access to a rich fishing ground in the Indian Ocean, which is essential for its fishing industry. The EU vessels also comply with strict rules and regulations under the agreement, promoting sustainable and responsible fishing practices.
The Seychelles has also benefited from technical assistance provided by the EU, which has helped improve the country`s fisheries management system. The EU has supported the Seychelles` efforts to combat illegal, unreported, and unregulated fishing, as well as marine conservation and protection.
Conclusion
The Seychelles Fisheries Agreement is a testament to the benefits of international cooperation in protecting our oceans and marine resources. The agreement has provided economic and social benefits to the Seychelles, while ensuring responsible and sustainable fishing practices by the EU vessels.
As we face increasing threats to our oceans, such as climate change and overfishing, it is essential that we work together to protect our natural resources. The Seychelles Fisheries Agreement shows that sustainable fishing can be achieved through cooperation and partnership.
