The Committee also agreed on Council regulation on the fishing opportunities under this future fisheries protocol. The Regulation stipulates the allocation of fishing quotas. The Presidency presented to the Committee a compromise proposal that ensures an increase of quota in absolute terms for each Member State involved. The global fishing opportunities under the protocol increase by 33% (comparing to the previous protocols).
According to the Chair of the Committee Ambassador Arūnas Vinčiūnas, today's agreement reached in COREPER on a fisheries protocol of great political relevance and is particularly important to the EU fishing fleet.
The Commission adopted the proposals on 23 September 2013. The European Parliament is planning to vote on the consent for the conclusion of the protocol in the FIsheries Committee on 27 November, in Plenary in December 2013.