The agreement establishes the principles of cooperation between Morocco and Russia regarding the conservation and exploitation of fishery resources in the Moroccan Exclusive Economic Zone and defines the conditions for the exercise of fishing by Russian vessels in Moroccan Atlantic waters.
According to the Moroccan Minister of Communication, government spokesman, Mustapha El Khalfi, the agreement also has provisions for cooperation in the planning and organisation of scientific research campaigns necessary for the conservation and rational exploitation of fishery resources, as well as cooperation in the field of techniques and fishing technology, fish processing technologies and the development of aquaculture.
Under this agreement, the Moroccan party grants to the Russian fishing vessels in the Atlantic fishing zone of Morocco fishing possibilities for small pelagic species in accordance with the conditions defined in Appendix I of the Agreement.
The Moroccan party also fixed for each year the composition of the total catch by group of species, fishing areas, reference prices, besides the number and type of Russian fishing vessels authorized to fish in the Atlantic fishing zone of Morocco and in accordance with the fishing development plan of the Atlantic small pelagics.
For its part, the Russian party undertakes, under this agreement, to welcome on board Russian fishing vessels, scientific observers and to embark Moroccan seamen to work with them.