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Regulation (EEC) No 1494/88 is hereby repealed.

1. The Parties hereby undertake to promote responsible fishing in Comorian waters based on the principle of non-discrimination between the different fleets fishing in those waters, without prejudice to the agreements concluded between developing countries within a geographical region, including reciprocal fisheries agreements.

2. Without prejudice to Comorian sovereignty, the Parties shall cooperate with a view to defining and implementing a sectoral fisheries policy in Comorian waters and shall to that end initiate a policy dialogue on the necessary reforms. They hereby undertake not to adopt measures in this area without first consulting one another.

3. The Parties shall also cooperate in carrying out ex-ante, ongoing and ex-post evaluations, both jointly and unilaterally, of measures, programmes and actions implemented on the basis of this Agreement.

4. The Parties hereby undertake to ensure that this Agreement is implemented in accordance with the principles of good economic and social governance.

5. In particular, the employment of Comorian seamen on board Community vessels shall be governed by the International Labour Organisation (ILO) Declaration on Fundamental Principles and Rights at Work, which shall apply automatically to the corresponding contracts and general terms of employment, in particular as regards freedom of association and the effective recognition of the right to collective bargaining, and the elimination of discrimination in respect of employment and occupation.