Sustainable Fisheries Partnership Agreement between the European Union and the Republic of Liberia.

The European Union and the Republic of Liberia concluded this Sustainable Fisheries Partnership Agreement to promote responsible fisheries and therefore ensure the long-term conservation and sustainable exploitation of marine biological resources, taking into account the principles established by the Code of Conduct for Responsible Fisheries adopted at the Food and Agriculture Organisation (FAO). 

The Agreement establishes the principles, rules and procedures governing: (a) the conditions under which European Union vessels may engage in fishing activities in the Liberian fishing zone; (b) economic, financial, technical and scientific cooperation in the fisheries sector with a view to promoting sustainable fishing in the Liberian fishing zones and the development of the Liberian fisheries sector; (c) cooperation on the management, control and surveillance measures in the Liberian fishing zone with a view to ensuring that the above rules and conditions are complied with and that the measures for the conservation of fish stocks and management of fishing activities are effective, in particular the fight against illegal, unreported and unregulated fishing; (d) partnerships between operators aimed at developing economic activities in the fisheries sector and related activities. The Agreement lays down rules on access to the Liberian fishing zone and related financial contribution to be granted by the European Union. The Protocol on the implementation of the Sustainable Fisheries Partnership Agreement establishes the fishing opportunities granted to European Union vessels under article 4 of the Agreement.