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Fisheries agreement: the EU pays an annual fee of 1.1 billion FCFA to Senegal

13/05/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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The head of the European delegation in Senegal, Jean-Marc Pisani, said on Wednesday that the European Union (EU) pays the Senegalese State an annual fee of 1.7 million euros, or 1 billion 115 million 126 thousand 900 francs CFA, under the fisheries agreement signed by both parties

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The head of the European delegation in Senegal said that the EU pays a total of around 1.7 million euros to Senegal every year because of the fisheries agreement. According to him, European boats are only allowed to fish for excess stocks. For Pisani, the current fishing agreement will expire next November. The European Union style="font-family: "Bookman Old Style”, "serif"> pays a fee both for fishing licenses, but also to encourage sectoral fisheries policy under this agreement

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