Brussels - A new fisheries protocol was signed here on Monday by Morocco’s agriculture and sea fisheries minister, Aziz Akhannouch, and president of the committee of permanent representatives at the European Union and permanent delegate to the EU of Lithuania, which is holding the chairmanship of the EU council Vinciunas Arunas.

Initialed last July, the protocol will enter into force as soon as each of the two parties fulfills its internal procedures, particularly approval by the Moroccan and European parliaments.


The four-year agreement gives to the European union countries’ fleet the right to fish in Moroccan waters, in exchange of 40 million euros.


It also provides for consolidating partnership between the two sides for a mutually-profitable sustainable fishing policy.