BusinessLibya

Europe greedy for Libya’s neglected fish stocks

The European Parliament has called for negotiations with Libyan authorities for a fishing partnership agreement that allows European Union fishermen to legal fish in the Libyan waters.

The European Parliament said that fishing rates in the Libyan waters have dropped due to security conditions, which left the waters abundantly rich with sea resources such as fish.

It added that the proposed agreement could be in return for the EU financial support it gives to Libya via ENI and IcSP.

The European Parliament mentioned as well that it had provided Libya with 103 million euros in education, health, civil society, and youth empowerment projects and services as well as 44 million euros in humanitarian aid since 2014.

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