Common Fisheries Policy

Global Omega-3 Product Market to Reach $4 Billion by 2028 - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 15, 2022

The "Global Omega-3 Product Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Product Type, Source, Application, and Region" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Omega-3 Product Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Product Type, Source, Application, and Region" report has been added to ResearchAndMarkets.com's offering.
  • Moreover, allergies related to fish oil and complex extraction procedure is also restraining the Omega-3 Product Market growth.
  • Omega-3 has been proven beneficial in boosting immunity to help fight COVID-19 and has increased the growth of the omega-3 product market.
  • In addition, the report also covers market size and forecasts for the four regions in the Omega-3 Product Market.

Highlights - Supporting sustainability at sea: EU Maritime, Fisheries and Aquaculture Fund - Committee on Fisheries

Retrieved on: 
Thursday, July 8, 2021

Aerial view of a fish farm with the round farming nets in the blue waters of the Aegean Sea, Greece.

Key Points: 
  • Aerial view of a fish farm with the round farming nets in the blue waters of the Aegean Sea, Greece.
  • Moofushi/AdobeStock Moofushi/AdobeStock
    A total of 6.1 billion will be allocated to sustainable fisheries and safeguarding fishing communities between 2021 and 2027.
  • In July 2021, MEPs approved the European Maritime, Fisheries and Aquaculture Fund (EMFAF) and how it should be spent as part of the EU's budget for 2021-27.5.3 billion will be allocated to the management of fisheries, aquaculture and fishing fleets.
  • In March 2021, Parliament agreed its position on the reform of fisheries control system.

Article - Supporting sustainability at sea: EU Maritime, Fisheries and Aquaculture Fund

Retrieved on: 
Wednesday, July 7, 2021

In July 2021, MEPs approved the European Maritime, Fisheries and Aquaculture Fund (EMFAF) and how it should be spent as part of the EUs budget for 2021-27.

Key Points: 
  • In July 2021, MEPs approved the European Maritime, Fisheries and Aquaculture Fund (EMFAF) and how it should be spent as part of the EUs budget for 2021-27.
  • 5.3 billion will be allocated to the management of fisheries, aquaculture and fishing fleets.
  • The rest will fund scientific advice, controls and checks, market intelligence and maritime surveillance and security.
  • The EMFAF is aligned with the Common Fisheries Policy, which sets rules for sustainably managing European fishing fleets and conserving fish stocks.

Press release - €6.1 billion to promote sustainable fisheries and safeguard fishing communities

Retrieved on: 
Tuesday, July 6, 2021

The new European Maritime, Fisheries and Aquaculture Fund (EMFAF), adopted on Tuesday, encourages member states to invest in making the fisheries and aquaculture sectors more competitive and helping develop a sustainable blue economy, new markets and technologies.

Key Points: 
  • The new European Maritime, Fisheries and Aquaculture Fund (EMFAF), adopted on Tuesday, encourages member states to invest in making the fisheries and aquaculture sectors more competitive and helping develop a sustainable blue economy, new markets and technologies.
  • The EU fleet lost important fishing grounds because of Brexit, the seafood value chain was paralysed because of the pandemic, and there was pressure to reach an agreement in the WTO on fisheries subsidies.
  • "Next stepsThe regulation will enter into force on the day following its publication in the Official Journal of the European Union.
  • The previous EMFF budget covering 2014 to 2020 amounted to 6.4 billion EUR.

Highlights - Public hearing on “Future of EU-UK fisheries relations after Brexit” - Committee on Fisheries

Retrieved on: 
Wednesday, June 2, 2021

The UK has now become the EU's most important partner in fisheries, with a large number of jointly managed fish stocks and a large EEZ in which a sizeable part of the EU fleet has been fishing.

Key Points: 
  • The UK has now become the EU's most important partner in fisheries, with a large number of jointly managed fish stocks and a large EEZ in which a sizeable part of the EU fleet has been fishing.
  • The TCA preserves the possibility for the EU fleet to access UK waters, while accepting a medium-term loss of 25% of the value of historic fishing rights held there.
  • EU fishers however deplore the lack of agreement on EU/UK 2021 quotas and the fishing sector as a whole complains that TCA transposition is lagging behind due to UK sub-optimal cooperation and unilateral actions on licencing, technical measures etc.
  • This public hearing aims to provide an early assessment of how the agreement is being implemented, how it affects EU-UK fisheries relations, and how it should be monitored.

Forward look: 25 January - 7 February 2021

Retrieved on: 
Saturday, January 23, 2021

Informal video conference of agriculture and fisheries ministers, 25 January 2021

Key Points: 
  • Informal video conference of agriculture and fisheries ministers, 25 January 2021

    Ministers will discuss the 2021 fishing opportunities for fish stocks shared with the UK, the current state of play of the post 2020 CAP reform package and trade-related agricultural issues.

  • Foreign Affairs Council, 25 January 2021

    EU ministers of foreign affairs will be briefed about current affairs and exchange views on Climate and Energy Diplomacy.

Council approves Brexit contingency plan on fisheries

Retrieved on: 
Thursday, December 17, 2020

This regulation creates a legal framework for EU and UK fishermen on how to grant them authorisations to continue fishing in UK and EU waters respectively after the end of the transition period (31st December 2020).

Key Points: 
  • This regulation creates a legal framework for EU and UK fishermen on how to grant them authorisations to continue fishing in UK and EU waters respectively after the end of the transition period (31st December 2020).
  • As a contingency measure, in the case of a no-deal, these authorisations could apply as of 1st January 2021 until 31st December 2021 (or earlier, when an EU-UK fisheries agreement is concluded).
  • The regulation would contribute to the economic stability and livelihood of fishing communities and to the continuation of sustainable fishing until a permanent EU-UK agreement.
  • The Council and the European Parliament are working closely to ensure that the regulation is adopted before the end of the year and enters into application on 1 January 2021.

Baltic Sea fishing: Council agrees on 2021 catch limits

Retrieved on: 
Wednesday, October 21, 2020

Today, the Council reached an agreement on next year's fishing opportunities in the Baltic Sea, focusing on fish stock recovery.

Key Points: 
  • Today, the Council reached an agreement on next year's fishing opportunities in the Baltic Sea, focusing on fish stock recovery.
  • Ministers agreed to continue decreasing the fishing opportunities for several fish stocks in the Baltic Sea to help them recover.
  • The biggest cuts in the total allowable catches (TACs) were for the herring of the Western and Central part of the Baltic Sea, in line with the latest scientific advice.
  • The provisions of the multiannual management plan for the Baltic sea were also the guiding principles of this year's exercise.

Informal deal on measures to support fishermen and sustain fish stocks in the Baltic Sea

Retrieved on: 
Wednesday, September 23, 2020

The Council and the European Parliament reached a provisional agreement to support fishermen affected by difficult stocks situations in the Baltic Sea.

Key Points: 
  • The Council and the European Parliament reached a provisional agreement to support fishermen affected by difficult stocks situations in the Baltic Sea.
  • The provisional agreement aims at protecting the financial viability and livelihood of fishermen in the Baltic Sea while allowing for fish stocks, particularly the Eastern Baltic cod, to recover.
  • It includes specific measures such as the financial support to the affected fishermen, the reduction of fishing capacity of the affected fleets and enhanced monitoring and controls.
  • Background

    Eastern Baltic cod is one of the key fisheries in the Baltic Sea and currently in very poor shape due to environmental, climate and fishing reasons.

Lords examines Fisheries Bill at report stage

Retrieved on: 
Friday, June 19, 2020

TheFisheries Billstarts its report stage, a chance to closely scrutinise elements of the bill and make changes, on Monday 22 June.

Key Points: 
  • TheFisheries Billstarts its report stage, a chance to closely scrutinise elements of the bill and make changes, on Monday 22 June.
  • Members are expected to discuss a range of subjects including sustaining the fishing industry workforce, fisheries management plans andnational landing requirements.
  • Lords committee stage day three: Monday 9 March
    Membersdiscussed the Delegated Powers and Regulatory Reform Committee Report on the bill and a range of subjects, including:
    negotiations on fishing opportunities previously governed by the Common Fisheries Policy.
  • Lords committee stage day two: Wednesday 4 March
    Membersdiscussed a range of topics, including:
    the legal duty on public authorities to achieve fisheries objectives.