The fishing agreement between Gabon and the European Union officially expired on Sunday, June 28. Gabon requested that the deal not be renewed, citing a significant imbalance in the terms. According to Gabonese officials, the current arrangement primarily benefits European shipowners. These operators typically land their catches far from Gabon, providing little to no added value to the local economy. In response, the European Union has maintained its good faith regarding the partnership. The EU has expressed a willingness to enter into new negotiations to resolve the dispute. Both parties remain at a standstill following the agreement's termination.