| Author (Corporate) | Library of the European Parliament |
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| Series Title | Library Briefings |
| Series Details | 05.12.13 |
| Publication Date | 05/12/2013 |
| Content Type | Journal | Series | Blog |
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Fisheries agreements with non-EU countries are intended to allow EU vessels to fish for surplus stocks in the third countries' exclusive economic zones in return for a financial contribution. They are negotiated by the European Commission (EC) based on a Council mandate, and ratified by the Council after consent of the European Parliament (EP). The 2002 reform of the Common Fisheries Policy (CFP) led to a transition from traditional fisheries agreements, mostly based on the principle of 'pay, fish and go', to a more sustainable approach under the current Fisheries Partnership Agreements (FPAs). |
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| Source Link | Link to Main Source http://www.europarl.europa.eu/RegData/bibliotheque/briefing/2013/130703/LDM_BRI%282013%29130703_REV1_EN.pdf |
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| Subject Categories | Business and Industry |
| Countries / Regions | Europe, Northern Africa |