As the Doha Round of Trade Negotiations now aims for an “early harvest” package, and as the Common Fisheries Policy reform is still being discussed, it is of paramount importance to study current fishing practices to improve them and head towards sustainable fisheries worldwide.
This study aimed to understand and discuss Fisheries Partnership Agreements between the European Union and African-Caribbean-Pacific countries by focusing on Madagascar. It worryingly appears that these agreements mainly benefit to EU industrials, while host countries receive a bare financial aid for development purposes for a likely severe overexploitation of their resource. Indeed, these agreements creating important subsidies for EU industrials, concerns about overexploitation and sustainability are raised, which must be addressed quickly. Throughout the discussion of past and current agreements between the EU and Madagascar, we propose to develop a new multilateral framework for these agreements, where fishing fees are indexed on the market-value of the targeted species, and where all costs are paid by industrials. By doing so, benefits for both hosts countries and EU industrials would likely increase, along with a reduction in fleet capacity and improved monitoring system. Decoupled from these agreements should then come the EU financial aid to development, constituting proper incentives toward fairer and more sustainable exploitation of marine resources, in line with current reforms and negotiations.
Full article can be accessed at: Fisheries Centre, Working Papers, The University of British Columbia