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Thursday, 16 December 2010

Partnership agreement - EU and Micronesia

The 3059th Council meeting on Agriculture and Fisheries held in Brussels on  13-14 December 2010 adopted a decision on the signing, on behalf of the European Union, and on the provisional application of the protocol to the partnership agreement between the European Community and the Federated States of Micronesia on fishing in the Federated States of Micronesia. The partnership agreement in the fisheries sector between the European Community and the Federated States of Micronesia was concluded in 2006. The protocol setting out the fishing opportunities and financial contribution provided for in the partnership agreement expired on 25 February 2010. In order to guarantee a rapid resumption of fishing activities by EU vessels the Protocol should be applied rapidly. The Council adopted a regulation concerning the allocation of the fishing opportunities under the protocol to the Partnership Agreement between the European Community and the on fishing in the Federated States of Micronesia. Following the signing of the provisional application of the protocol setting out the fishing opportunities and financial contribution provided for in the partnership agreement in the fisheries sector between the European Community and the Federated States of Micronesia, this decision provides the allocation of fishing opportunities between member states.

Source: Council of the European Union