| Author (Corporate) | Council of the European Union |
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| Series Title | Official Journal of the European Union |
| Series Details | L 31, Pages 20-30 |
| Publication Date | 28/01/2021 |
| Content Type | Legislation |
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Summary: Regulation - formally adopted by the Council of the European Union on 28 January 2021 - setting out deep-sea fishing opportunities for 2021-2022 for fishing vessels from the European Union (EU). Further information: Fishing for deep-sea species has been regulated in the EU since 2003 in terms of total allowable catches (TACs) per species and area, and in terms of maximum fishing capacity deployable in the North-East Atlantic. The fixing and sharing of fishing opportunities falls exclusively within the competence of the Union. However, those fishing opportunities also result from multilateral or bilateral fisheries consultations. The outcome is implemented by providing for internal allocation among Member States based on the principle of relative stability. The transition period set out by the European Union and the United Kingdom (UK) upon the latter's withdrawal expires at the end of 2020, after which the UK indicated it would have no interest in its further extension. The stocks for which the Commission needs to consult with the UK on quota shares for fishing opportunities for 2021-2022 were therefore presented as pro memoria, pending the outcome of negotiations regaring the cooperation on these stocks, including fishing opportunities, quota shares and access to the UK waters. This proposal puts forward the catch limitations for Union fishing fleets concerning the commercially most important deep-sea species in Union and international waters of the North-East Atlantic, in order to achieve the objective of the Common Fisheries Policy (CFP) of ensuring fisheries at levels that are environmentally, economically and socially sustainable. It was tabled by the European Commission on 22 October 2020 and subject to a political agreement by the Council of the European Union on 17 December. The Act was formally signed on 28 January 2021 and published in the Official Journal on the following day. |
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| Source Link | Link to Main Source http://data.europa.eu/eli/reg/2021/91/oj |
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| Subject Categories | Business and Industry, Internal Markets |
| Subject Tags | Common Fisheries Policy [CFP], Fisheries | Aquaculture |
| Keywords | Total Allowable Catch [TAC] |
| International Organisations | European Union [EU] |
