RUSSIA AND MOROCCO INK NEW FISHERIES AGREEMENT

Russia and Morocco ink new fisheries agreement. The Federal Agency for Fisheries for Russia has agreed with the Kingdom of Morocco on a draft new agreement between the Government of the Russian Federation and the Government of the Kingdom of Morocco on cooperation in the field of marine fisheries. The document will replace the agreement concluded on March 15, 2016.

At present, the representative office of the Federal Agency for Fishery in Morocco is conducting working consultations with the Moroccan side. It is planned that the new agreement will extend the existing agreements. Catch volumes and financial compensation of the parties should be agreed at the next session of the Russian-Moroccan Mixed Fisheries Commission. In connection with measures to prevent the spread of a new coronavirus infection, Covid-19, after agreeing on the exact dates, the session will be organized by video conferencing.

The current agreement establishes the principles of cooperation between Russia and Morocco in the field of conservation and use of marine living resources of the exclusive economic zone of the Kingdom of Morocco and determines the conditions for fishing activities by vessels flying the flag of the Russian Federation.

In accordance with the agreement, Morocco provides the possibility of fishing for small pelagic fish species in its Atlantic fishing zone to Russian fishing vessels, and also annually determines the total composition of catches by group of fish species, fishing areas, reference prices, number and type of Russian fishing vessels engaged in fishing activity in the Atlantic fishing zone of Morocco.