Gabon has made the strategic decision not to renew its fisheries partnership agreement with the European Union, which was set to expire on 28 June 2026. This move signals Libreville’s determination to reclaim greater control over its marine resources and ensure the country reaps more economic benefits from its waters.
Was Gabon shortchanged?
At the heart of Libreville’s criticism is the modest revenue generated by the accord—around 2.6 million euros per year (roughly 1.7 billion FCFA). Officials consider this sum inadequate given the true value of catches taken from Gabonese waters. The government now intends to prioritise local tuna processing, aiming to create more jobs, attract industrial investment, and generate higher value added within the national territory.
A more balanced partnership
This new direction is part of a broader strategy for economic sovereignty and the development of the blue economy. While discussions with Brussels are not entirely closed, Gabon has made its ambition clear: it seeks a partnership that is more equitable and significantly more profitable for its economy.
