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  • 13-02-19

    EU-Morocco fisheries agreement adopted

    (MENAFN) A fisheries agreement secured between Morocco and the EU was adopted by the European Parliament with 415 votes in favor.

    Moroccan MAP news agency reported the move to have come after Morocco and the EU engaged in legal validations and political discussions.

    Under the deal, Morocco is set to receive USD61.1 million in exchange for authorizing EU vessels in its waters to fish.

    It comes after the termination of a four-year contract between the two sides, which pushed around 120 EU vessels out of Moroccan waters.

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