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The scheme has been approved under the Middle East Crisis Temporary State Aid Framework (METSAF), adopted by the Commission on 29 April 2026.

The European Commission says the new framework will replace a patchwork of national arrangements with common procedures across the bloc.

The results of the European Commission survey will inform the implementation of OceanEye and future EU policies, funding programmes and support for the sector.

In the seafood processing sector, the number of workers has increased by 9.5% since 2014.

The aid amounts to €149 million and was approved under the Middle East Crisis Temporary State Aid Framework (METSAF).

The agreement gives up to 38 EU vessels access to Seychelles’ waters and includes €3 million to support the country’s fisheries and aquaculture sector.