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The proposed rule would establish seasonal transit areas for vessels with Federal Fisheries Permits through the Round Island and Cape Peirce walrus protection areas in northern Bristol Bay, Alaska. This action would allow vessels with Federal Fisheries Permits to transit through walrus protection areas in the Exclusive Economic Zone, without having to surrender their Federal Fisheries Permits when transiting through these areas. This action would establish a transit area in the Exclusive Economic Zone near Round Island open from April 1 through August 15, annually, north of a line from 58° 47.90' N, 160° 21.91' W to 58° 32.94' N, 159° 35.45' W. This action would also establish a transit area in the Exclusive Economic Zone near Cape Peirce, open from April 1 through August 15, annually, east of a line from 58° 30.00'N, 161° 46.20'W to 58° 21.00'N, 161° 46.20'W.