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INSEPARABLE - Eat, Buy and Sell Sustainable FishINSEPARABLE - Eat, Buy and Sell Sustainable FishINSEPARABLE - Eat, Buy and Sell Sustainable FishINSEPARABLE - Eat, Buy and Sell Sustainable Fish

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European Market Observatory for Fisheries and Aquaculture Products
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Following the conclusion of the new Coastal State mackerel agreement, which was signed in London on 12 March, agreement was reached on 13 March between the European Union and the Faroe Islands on reciprocal exchanges of fishing opportunities in each other’s waters for 2014. This agreement follows a period of four years, during which time the Parties had not concluded arrangements, due to the long-standing mackerel dispute.


Fisheries partnership agreement

The new Protocol to the Fisheries Partnership Agreement concluded between the EU and Greenland covers the period 1.1.2013 – 31.12.2015.

Main features of the FPA

Duration of the agreement:6 years renewable (1.1.2013 – 31.12.2018)
Duration of the protocol: 3 years (1.1.2013 – 31.12.2015)
Initialisation:  3.2.2012
Nature of the FPA: Mixed agreement but allocation of quotas is submitted to the TAC and quota regulation
Financial contribution:

15 104 203 € including a financial reserve of 1 500 000 € for additional quantities of species as set out in the protocol.
2 743 041 € per year for the support and implementation of Greenlandic sectoral fisheries policy.

License fees
Species€/per ton
Greenland halibut129
Shrimp - East50
Shrimp - West80
Atlantic halibut217
Fishing possibilities as set out in the protocol
Cod2 200
Pelagic Redfish3 000
Demersal Redfish2 000
Greenland Halibut - West2 500
Greenland Halibut - East4 315
Shrimp - West3 400
Shrimp - East7 500
Atlantic halibut - West200
Atlantic halibut - East200
Capelin60 000
Grenadier spp. - West100
Grenadier spp. - East100
Total85 765


The first fisheries agreement concluded between the EU and Greenland which dates back to 1985 was concluded for an initial period of ten years and thereafter extended for additional six-year periods until it was replaced by the fisheries partnership agreements. The first fisheries agreement was implemented by successive protocols.

Current legal framework