The Gabonese government has decided not to extend its fishing partnership agreement with the European Union, which was set to expire on June 28, 2026. This move reflects a deliberate effort to reclaim control over the country’s marine resources and enhance economic benefits for Gabon.
From raw exports to local value creation
Critics in Libreville point to the modest financial returns of the existing deal—approximately €2.6 million annually (around 1.7 billion FCFA)—which they argue fall short of the true value of fish caught in Gabonese waters. The administration is now prioritizing domestic tuna processing to spur job creation, industrial investment, and greater economic value within the country’s borders.
Demanding a fairer partnership
While negotiations with the EU are not yet fully concluded, Gabon is pushing for a more balanced and economically advantageous agreement. This decision aligns with a broader national strategy focused on economic sovereignty and the growth of the blue economy.
