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# [SEYCHELLES] Sustainable fisheries: EU renews tuna deal for 4 years, €23 million
- URL: https://businessoi.media/en/seychelles-peche-durable-lue-renouvelle-laccord-thon-pour-4-ans-23-millions-deuros-en/
- Published: 2026-08-24T02:48:11.000Z
- Updated: 2026-08-24T02:48:11.000Z
- Description: The EU and Seychelles renew their sustainable fisheries deal: 4 years, 55,000 t/year, 38 vessels, €23 million. A mutually strategic partnership for the Indian Ocean region.
- Author: Emmanuel TAOCHY
- Tags: Seychelles, Économie, Investissement, Revue matinale, #en

The European Union and the Republic of Seychelles officially renewed their sustainable fisheries partnership agreement on **27 July 2026**. Valid for **4 years**, the new protocol authorises up to **38 European vessels** to operate within the Seychelles Exclusive Economic Zone (EEZ), in exchange for an EU financial contribution of **€23 million**.

## 55,000 tonnes of tuna per year, 38 European vessels

The authorised catch quota is set at **55,000 tonnes per year** of tuna and associated migratory species. The authorised fleet includes up to **30 purse seiners** and **8 longliners** — primarily Spanish, French and Portuguese. Shipowners contribute **€90 per tonne** caught, with additional fees covering environmental management and marine ecosystem monitoring.

Of the €23 million paid by the EU, **€3 million is directed towards supporting the sustainable fisheries sector** in Seychelles — funding fisheries resource monitoring, strengthening inspection capacity and training local officers.

## A strategic agreement for the Indian Ocean

The Seychelles EEZ is one of the richest tuna fishing grounds in the Indian Ocean. This agreement positions Seychelles as a key actor in regional fisheries resource governance, alongside the IOC (Indian Ocean Commission) and regional fisheries management bodies such as the IOTC.

The backdrop is a global tuna industry under pressure: EU demand stands at **2.68 kg of tuna per person per year**, and tuna accounts for **11% of the EU's total fisheries import volume**. Seychelles captures a significant share of this supply chain, making the agreement mutually vital.

## Why it matters

For Seychelles, this agreement is far more than a fishing protocol: it is a source of predictable sovereign revenues and a tool for developing the local fisheries sector. By directing €3 million towards sustainability, the deal acknowledges that stock preservation is a prerequisite for long-term prosperity — a message the entire Indian Ocean region should incorporate into its marine resource governance.

*Source: European Commission, Le Journal des Archipels, July 2026.*