Summary
The European Parliament has approved a five-year renewal of the fishing agreement with Greenland. The deal provides EU vessels with access to fish stocks in exchange for an annual payment of about 17.8 million euros. 10 25.05.2016
Other
economy
fisheries
environment
international relations
public finance and budget policy
Key points
In force from 01/01/2016 Out of force from 31/12/2020
- The European Parliament gives consent to the renewal of the fishing partnership with Greenland for a five-year period.
- The agreement is legally based on specific articles of the Treaty on the Functioning of the European Union.
- The EU will provide an annual financial contribution of approximately 17.8 million euros to Greenland.
- Financial support is divided into access fees for fishing rights and funds to support Greenland's fisheries administration, control, and research.
Documents (PDFs)
RECOMMENDATION on the draft Council decision on the conclusion, on behalf of the European Union, of the Protocol setting out the fishing opportunities and the financial contribution provided for by the Fisheries Partnership Agreement between the European Community on the one hand, and the Government of Denmark and the Home Rule Government of Greenland, on the other hand
Fisheries partnership agreement with Denmark and Greenland: fishing opportunities and financial contribution ***
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