SIOFA includes fishery resources such as fish, molluscs, crustaceans and other sedentary species within the area, but excludes highly migratory and sedentary species subject to the fisheries jurisdiction of coastal States. SIOFA also manages valuable fisheries, including orange, alfonsino and dental fish.  The objective of this Agreement is to ensure the long-term conservation and sustainable exploitation of fishery resources in the Area through cooperation between the Parties and to promote the sustainable development of fisheries in the region, taking into account the needs of neighbouring developing countries which are Parties to this Convention – and in particular the least developed among them and small island developing States. This Agreement shall apply to fishery resources, including fish, molluscs, crustaceans and other sedentary species located within the Area, but with the exception of highly migratory species (Annex I to the Convention) and sedentary species subject to the fisheries jurisdiction of coastal States (Article 77(4) of the Convention). The objective of the South Indian Ocean Fisheries Agreement (SIOFA) is to ensure the long-term conservation and sustainable exploitation of fisheries resources in the field of competence, through cooperation between the Parties and to sustainably develop fisheries taking into account the needs of developing countries bordering the area of competence, and in particular the least developed among them and the small 1992, point 1.3.11 The agreement area covers the high seas between East Africa and Western Australia. At the second meeting of the parties, held in Mauritius in March 2015, it was agreed to colonize in the Indian Ocean the headquarters of Reunion, a French department and an outermost region of the EU. At the third meeting of the parties, held in La Réunion in July 2016, important administrative measures were completed, allowing SIOFA to become fully operational, including the selection of an Executive Secretary and the selection of the President and Vice-President. The statute, financial rules, budgets were approved and a headquarters agreement was signed between France and SIOFA. In addition, the adoption of 7 important conservation and management measures was achieved. Taken together, these achievements lay the foundations for a management framework to ensure the long-term sustainability of fisheries resources and the protection of the marine environment in the SIOFA convention area. The secretariat has its headquarters on the French island of Réunion. The current Executive Secretary is Jon Lansley.  The scope of SIOFA`s competence is limited by a line connecting the following points along latitudes and longitudes, with the exception of waters under national jurisdiction: Introduction The Southern Indian Ocean Fisheries Agreement (SIOFA) was signed in Rome on 7 July 2006 and entered into force in June 2012.