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BUDGETARY ASSESSMENT (COM(2024)0285 – C100108/2024 – 2024/0159(NLE))

On the proposal for a Council decision on the conclusion, on behalf of the European Union, of the Implementing Protocol (2024-2029) to the Fisheries Partnership Agreement between the European Community and the Republic of Guinea-Bissau

BUDG-AD-765009

Committee on Budgets · Rapporteur: JeanMarc Germain

✦ In short · AI summary of this text, generated 4 Sept 2026

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The Committee on Budgets gives a budgetary assessment of the proposal to conclude the Implementing Protocol (2024-2029) to the Fisheries Partnership Agreement with Guinea-Bissau, and advises the Committee on Fisheries to recommend approval. It notes the financial contribution of EUR 85,000,000 for the Protocol's duration, with annual amounts for access and sectoral support, and stresses the need for effective scrutiny and future impact assessments.

Committee position. The Committee on Budgets advises the Committee on Fisheries to recommend approval of the proposal for the Council decision.

Key points

  1. The Committee on Budgets advises the Committee on Fisheries to recommend approval of the proposal for the Council decision on the Implementing Protocol.
  2. The financial contribution for the entire Protocol duration is EUR 85,000,000, with EUR 17,000,000 per year, split into EUR 12,500,000 for access and EUR 4,500,000 for sectoral policy support.
  3. Support should meet objectives of sustainable exploitation, aquaculture, ocean development, marine protection, and blue economy, and align with Samoa Agreement principles.
  4. For future agreements, an impact assessment of added value and socio-economic benefits should guide negotiation and renewal.
  5. The Protocol with Guinea-Bissau was signed on 18 September 2024.
  6. The Commission's transfer of EUR 17,000,000 in commitment and EUR 12,500,000 in payment appropriations for 2024 was approved by the budgetary authority.
  7. Financial programming for line 08 05 01 must cover obligations for 2025-2027, with scrutiny of 2026 and 2027 budgets.
  8. EU funding must respect efficiency, effectiveness, and sound financial management; the Commission should analyze circumvention of agreements by vessels under local flags and take corrective measures.

Who is affected

  • The European Commission, which must present an analysis of circumvention impacts and ensure financial programming.
  • European boats or vessels with links to European companies fishing under local flags, which may face corrective measures.

Figures and deadlines

  • EUR 85,000,000 total financial contribution for the Protocol duration.
  • EUR 17,000,000 per year, with EUR 12,500,000 for access and EUR 4,500,000 for sectoral policy.
  • EUR 17,000,000 in commitment and EUR 12,500,000 in payment appropriations transferred for 2024.
  • EUR 150,560,000 in commitment and EUR 135,275,000 in payment appropriations in the 2025 Draft Budget for line 08 05 01.