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Senegal’s new president announces audit of fishing agreements

Senegal’s new president announces audit of fishing agreements
Screen grab of Senegal's new President Bassirou Diomaye Faye delivers an address to his nation shortly after being sworn into office, Tuesday, April 2, 2024
Friday, May 10, 2024

Bloomberg | Senegal will review fishing deals and licenses signed with its partners that include the European Union to ensure they are optimized to benefit the sector, newly elected President Bassirou Diomaye Faye said.

The government will undertake an “evaluation of fishing agreements and licenses” aimed to preserve its resources and protect small-scale fishermen, Faye said according to minutes from a cabinet meeting on Wednesday.

Faye also called for a review of the maritime fisheries code with the aim “to strengthen mechanisms to combat illegal fishing.”

Faye’s comments signal that Senegal may seek to take more control of a sector that accounts for about 10 percent of the country’s exports, according to US Department of Agriculture data.

It is estimated that Senegal and its neighbors Gambia, Mauritania, Guinea-Bissau, Guinea and Sierra Leone together lose US$2.3 billion annually to illegal fishing, according to Amnesty International.

Spanish and French boats are part of the foreign fleet fishing in Senegalese waters under an agreement with the European Union. The deal, which expires later this year, allows European vessels to fish tuna and black hake in certain zones off the Senegalese coast.

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