EC/Denmark/Greenland fisheries agreement

This proposal for a decision aimed to conclude an agreement in the form of an exchange of letters amending the fisheries agreement between the Community, of the one part, and the Governments of Denmark and Greenland, of the other. This agreement, which had recently been extended by six years (until 31 January 2001) by the parties, was not yet entirely satisfactory for Community fishermen since the fishing effort had been scarcely achieved as a result of the stock situation and the lack of interest shown by fishermen in the Community. In order to improve the cost-benefit relationship involved, the Commission had negotiated a change to this agreement to enable Community shipowners and companies in Greenland to establish temporary joint ventures and joint enterprises in the fisheries sector. This proposal for a decision aimed to include this change in an agreement in the form of an exchange of letters. �