Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-14-Speech-2-200-875"
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"en.20120214.15.2-200-875"2
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"Regulation (EC) No 241/2008, adopted by the Council on 17 March 2008, had the objective of concluding a fisheries partnership agreement between the European Union and the Republic of Guinea-Bissau. The agreement was accompanied by a protocol setting out the fishing opportunities and the financial compensation for the period from 16 June 2007 to 15 June 2011. Meanwhile, as the previous protocol was no longer being applied, negotiations began with a view to replacing it. This agreement was signed on 20 December 2011 and is currently awaiting the consent of the European Parliament. The cost-to-benefit ratio for the Union has been 2.2: for an annual cost of EUR 6.6 million, there has been an estimated benefit of EUR 14.5 million. The new protocol strengthens the EU position regarding external partnerships. Similarly, the protocol has benefits for Guinea-Bissau. In addition to contributing to government revenue, it represents support for the local fisheries sector, contributing about 88% of spending in the sector, and is very important to the Guinea-Bissau economy. I therefore voted in favour."@en1
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