Tag #Eu-Mauritania Agreement

What are the key economic and social impacts of the EU-Mauritania Sustainable Fishery Partnership Agreement on Mauritania?

The EU-Mauritania Sustainable Fishery Partnership Agreement (SFPA), renewed in 2021, allocates €57.5 million annually to Mauritania, plus €3.3 million for local communities and infrastructure. This supports Mauritania's economy, where fishing provides work for roughly 300,000 people and contributes about 10% to the GDP. The agreement also mandates that 2% of pelagic fish is reserved for local food security.