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Protocol setting out fishing opportunities and the financial compensation and financial contributions

Document type
Bilateral
Field of application
Regional/restricted
Date
Feb 26, 1996
Source
FAO, FAOLEX;  IUCN (ID: TRE-152625)
Language
English
Entry into force
Dec 13, 1996
Subject
Fisheries
Keyword
Marine fisheries Fishing gear/fishing method Fishing area Foreign fishing International agreement-text
Abstract

The financial compensation provided for in Article 7 of the Agreement is set for the period referred to in Article 1 at ECU 355 million, payable in four annual instalments. The financial contribution provided for in Article 3 of the Agreement to launch and undertake the measures for the sustainable development of Morocco's fisheries sector and to reinforce the solidarity of the interests of their respective operators is set at ECU 121 million. The financial contribution provided for in Article 2 of the Agreement to strenghten scientific research in fisheries and implement a policy for the management of Morocco's fishery resources is set at ECU 16 million for the period referred to in Article 1. (6 articles including for each fishing category the fishing zones and fishing gears authorized).

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Website
ec.europa.eu

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Countries Entry into force
European Union -
Morocco -

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