Specific measure in favour of cephalopod producers based inthe Canary Islands

- OBJECTIVE: to extend by two years a specific measure adopted under the Poseican programme in favour of cephalopod producers based in the Canary Islands. -SUBSTANCE: following on from the Council's Poseican decision (Decision 91/314/EEC) which includes specific measures in the fisheries sector, it was thought opportune to implement a scheme in 1993-95 to help maintain the competitiveness and improvement of the cephalopod fishery in the Canaries (Regulation (EEC) No 1658/93). Since there has been no significant change in the general economic background conditions in this region, it is proposed that the current scheme be extended for a further two years (1 January 1996-31 December 1997) in order to assist the cephalopod producers. The measure provides for the payment of aid of ECU 108 per tonne of cephalopods for a maximum of 30 000 tonnes per year. Such aid may not exceed an amount equivalent to 2.5% of the annual production value. Provision is made for the possibility of reducing the duration and amount of the aid in the event of changes in the conditions of production and competition affecting these producers in the Community. �