The fisheries partnership agreement concluded between the EU and the Federated States of Micronesia covers the period 26.2.2007 – 25.2.2016.
The new Protocol is currently in the ratification phase and for the time being it is not applied provisionally. There is no Protocol in force since 25 February 2010.
|Duration of the Agreement:||9 years renewable for a period of 3 years (26.2.2007 – 25.2.2016)|
|Duration of the Protocol:||3 years (in the ratification phase)|
|Nature of the FPA:||Tuna Fishery Agreement|
|Financial contribution:||559 000 € out of which 27 % has been earmarked for the support of the Micronesian sectoral fisheries policy in order to promote sustainability in its waters.|
|Fee for ship owners:||35 € per tonne caught.|
|Advances:||- Tuna seiners: 15 000 € per year (ref catches: 428 t.)
- Surface longliners: 4200 € per year (ref catches: 120 t.)
|Reference tonnage:||8 000 t./year|
|Tuna seiners||5||1||6 vessels|
|Surface longliners||12||-||12 vessels|
This Fisheries Partnership Agreement is the first to be signed between the EC and the Federated States of Micronesia.