EU: Commission proposes plan to prevent closure of fisheries
The European Commission has proposed to avoid the complete closure of some fisheries by consolidating the measures currently in place for certain cod stocks, extending them to other endangered stocks, and proposing a substantial reduction in fishing possibilities for stocks newly identified as being in danger.
These measures would ensure continuity of economic activity in the fisheries concerned while giving depleted stocks a reasonable chance of recovery and protecting those in better condition, the Commission said.
"The choice is clear: either TACs (total allowable catches) must be severely reduced and fishing effort restricted on an annual basis or long-term recovery plans must be set up allowing for less drastic and more coherent measures. I favour the latter," said Franz Fischler, Commissioner for Agriculture, Rural Development and Fisheries.
Recovery plans contain a long-term strategy with defined targets for rebuilding stocks to safe biological levels over a number of years. TACs are set according to an agreed formula within this framework, allowing for a less restrictive approach than under annual decisions. Restriction of fishing effort is a crucial tool in recovery plans. Pending the adoption of such plans, lower fishing possibilities and provisional effort management schemes are essential to protect endangered stocks, the Commission said.
Further details on the plans can be found here.
- Does Kraft Heinz want to swallow Unilever whole?
- Focus: Nestle CEO plan to balance sales, earnings
- Comment: Meal kits in US - don't believe the hype
- Will Kellogg's DSD exit help it grow in US snacks?
- Why Reckitt Benckiser moved for Mead Johnson
- Nestle plans restructuring as 2016 profit misses
- Kraft Heinz pursuing Unilever in takeover move
- Kraft Heinz pulls Unilever bid
- General Mills issues profit warning
- Kraft Heinz returns to organic growth, ups margins