Economy
Fisheries Agreement with EU Renewed, Promises Sustainable Growth
Published on 7/18/2024
Source: National News Agency

Mauritania and the European Union have renewed their fisheries partnership agreement for another five years. The new deal emphasizes sustainable fishing practices and the preservation of marine ecosystems. It provides significant financial compensation to Mauritania, which will be reinvested into the local fishing communities and infrastructure. The agreement ensures that European vessels can continue to fish in Mauritanian waters while adhering to strict quotas and environmental regulations, balancing economic benefits with ecological responsibility.