Gabon ends EU fishing deal to boost local industry

DIG / Gabon has opted not to extend its fisheries partnership agreement with the European Union (EU), which was set to expire on June 28, 2026.

This decisive move reflects the government’s determination to reclaim greater control over its marine resources while ensuring these assets deliver maximum economic benefits for the nation.

Was Gabon shortchanged?

Central to Libreville’s dissatisfaction with the current deal are the modest financial returns—approximately €2.6 million (1.7 billion FCFA) annually—which authorities argue fall far short of the actual value of fish catches in Gabonese waters.

The administration is now pivoting toward a strategy that prioritizes domestic tuna processing, aiming to spark job creation, industrial investment, and enhanced value within the country’s economy.

Striving for a fairer partnership

This shift aligns with Gabon’s broader push for economic sovereignty and the expansion of its blue economy.

While negotiations with Brussels remain ongoing, Gabon has made its position clear: it seeks a revised agreement that delivers fairer terms and greater financial advantages for its economy.