Gabon’s government has announced its intention to unilaterally withdraw from the key fisheries agreement it signed eighteen years ago with the European Union.
The government cited an imbalance in benefits and growing concerns over resource exploitation.
The agreement, established in 2007, allowed European vessels to fish in Gabonese waters in exchange for financial support to Gabon’s fisheries sector.
However, President Brice Clotaire Oligui Nguema has described the deal as “lopsided,” arguing that while European fleets have profited significantly, Gabon has seen limited returns.
Libreville is now raising the alarm over the potential over-exploitation of its marine resources and the lack of investment and job creation resulting from the partnership.
A major sticking point is that fish caught under the agreement are shipped directly to Europe without being landed or processed in Gabon—a practice the government now wants to end.
In its official statement, the Gabonese government emphasised the need for local economic benefits and expressed a desire to develop domestic fish processing capabilities.
The European Union has responded with surprise but acknowledged Gabon’s sovereign right to withdraw. Brussels also signalled it remains open to negotiations.
The move marks a significant shift in Gabon’s approach to managing its natural resources, with a renewed focus on national control and economic self-sufficiency.
