The European Union and Guinea-Bissau have signed a new Sustainable Fishing Partnership Agreement (SFPA) protocol. This protocol will allow the EU fleet to fish in Guinea Bissau waters for a duration of 5 years. The protocol foresees the transition from the current system based on vessel capacity to a system based on catch limits (TAC), applicable for the last three years of the agreement. The protocol also includes improved monitoring, thanks to the introduction of an Electronic Reporting System (ERS), which will become mandatory from the third year on. More information is available here. The protocol agreed to in 2011 may be found here.