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The fisheries agreement between Mauritania and the European Union expired on Saturday, while negotiations to renew it continue. The two sides have agreed on fishing quotas but have yet to settle the financial compensation. The agreement allows fleets from 20 European countries to catch up to 280,000 tonnes a year in return for about €61 million. Nouakchott is seeking terms that would better protect fish stocks, develop the local industry and create jobs.
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