Fisheries Partnership Agreement 2007-2012
Greenland has since its withdrawal from the EU in 1985 had a fisheries agreement with the EU with four Protocols laying down the specific terms in a given protocol period. In 2003 a mid-term evaluation of the agreement was completed with the decision to split the overall agreement up in two: a continued fisheries partnership agreement on commercial terms and, a partnership agreement.
On January 1, 2007 the new commercialised fisheries partnership agreement between EU and Greenland came into force. EU pays 17,8 mio. Euros per year for fishing rights and quotas in Greenlandic waters. The main objective of the fisheries partnership agreement is to provide the EU with fishing quotas and to maintain and strengthen the relationship in fisheries between the EU and Greenland.
The Protocol lays down the fishing opportunities for EU vessels, the financial contribution, the categories of fishing activities and the conditions governing these. The protocol covers a period of 6 years (2007-2012). In the Protocol there is also a possibility for closer economic cooperation in the fishing industry through the possibility of setting up joint enterprises involving companies from both parties. Download the Fisheries Partnership Agreement