EC/Greenland fisheries agreement, 4th protocol: mid term review

The European Parliament adopted the own-initiative report drafted by Rosa MIGUELEZ RAMOS (PES, Spain) on the Commission's mid-term review. (Please refer to the document of 10/06/03.) Members made the following additional points: - the Council and Commission should consider the need for sharing the cost of this agreement equitably between the Community and shipowners, in a similar way to the sharing of costs in the majority of international fisheries agreements; - the Commission is asked to boost the setting-up of joint ventures between the Community and Greenland and, in particular, temporary partnerships between undertakings. This might play an extremely important role in the development of the local economy and in increased utilisation of fishing rights. Some of the financial compensation should be earmarked for this purpose.�