Proposal for a Council Decision on the conclusion of an Agreement in the form of an exchange of letters concerning the provisional application of the Fourth Protocol laying down the conditions relating to fishing provided for in the Agreement on fisheries between the European Economic Community, on the one hand, and the Government of Denmark and the local Government of Greenland, on the other
Date: 2000-12-04
Institutions: European Commission
Subjects: Denmark, Greenland, fishing agreement

COMMISSION OF THE EUROPEAN COMMUNITIES

Brussels, 04.12.2000
COM(2000) 801 final

Proposal for a

COUNCIL DECISION

on the conclusion of an Agreement in the form of an exchange of letters concerning the
provisional application of the Fourth Protocol laying down the conditions relating to
fishing provided for in the Agreement on fisheries between the European Economic
Community, on the one hand, and the Government of Denmark and the local
Government of Greenland, on the other

(presented by the Commission)

EXPLANATORY MEMORANDUM

The 3rd Protocol to the Fisheries Agreement between the European Economic Community, on
the one hand, and the Government of Denmark and the local Government of Greenland, on
the other expires on 31 December 2000. A new Protocol setting out the technical and financial
conditions governing the fishing activities of Community vessels in Greenland waters during the
period 1 January 2001 to 31 December 2006 was initialled by both parties on 13 September
2000.

The purpose of the attached proposal for a Council Decision is to obtain Council approval for
the provisional application of a 4th Protocol to the Fisheries Agreement with Greenland. This
will provide continuity of fishing operations by Community vessels under the Agreement in
the interim period before the adoption of the corresponding Council Regulation on the
conclusion of the 4th Protocol.

The Commission proposes, on this basis, that the Council adopt, by Decision, the draft
Agreement in the form of an exchange of letters concerning the provisional application of the
new Protocol pending its definitive entry into force.

A proposal for a Council Regulation on the conclusion of the new Protocol is the subject of a
separate procedure.

2

Proposal for a

COUNCIL DECISION

on the conclusion of an Agreement in the form of an exchange of letters concerning the
provisional application of the Fourth Protocol laying down the conditions relating to
fishing provided for in the Agreement on fisheries between the European Economic
Community, on the one hand, and the Government of Denmark and the local
Government of Greenland, on the other

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community, and in particular
Article 300(2) thereof,

Having regard to the proposal from the Commissiona,

Whereas:

(1)

(2)

(3)

(4)

Pursuant to the Agreement between the European Economic Community, on the one
hand, and the Government of Denmark and the local Government of Greenland, on the
other, on fishing in the Greenland Exclusive Economic Zone watersb, the Community
and the Government of Denmark and the Home Rule Government of Greenland
conducted negotiations on a new implementing protocol intended to cover the years
2001-2006;

As a result of those negotiations, a new Protocol was initialled on 13 September 2000;

Under this new Protocol, Community fishermen will enjoy fishing opportunities in
waters under the jurisdiction of Greenland from 1 January 2001 to 31 December 2006;

The Protocol in question must be applied as of 1 January 2001 if fishing activities by
Community vessels are not to be interrupted. To that end, the two Parties initialled an
in the form of an exchange of letters providing for the provisional
Agreement
application of the initialled Protocol from the day after that on which the Protocol in
force expired. That Agreement should be approved pending a final decision to be
adopted in accordance with Article 37 of the Treaty;

a

b

OJ C , , p. .
OJ L 29 of 1.2.1985, p. 9.

3

HAS DECIDED AS FOLLOWS:

Article 1

The Agreement in the form of an exchange of letters concerning the provisional application of
the 4th Protocol laying down the conditions relating to fishing provided for in the Agreement
on fisheries between the European Community, on the one hand, and the Government of
Denmark and the Home Rule Government of Greenland, on the other is hereby approved on
behalf of the Community.

The texts of the Agreement in the form of an exchange of letters and the Protocol are attached
to this Decision.

Article 2

The President of the Council is hereby authorised to designate the persons empowered to sign
the Agreement in the form of an exchange of letters in order to bind the Community.

Done at Brussels,

For the Council
The President

4

AGREEMENT

in the form of an exchange of letters concerning the provisional application of the
Protocol laying down the conditions relating to fishing provided for in the Agreement on
fisheries between the European Economic Community, on the one hand, and the
Government of Denmark and the local Government of Greenland, on the other hand,
for the period from 1 January 2001 to 31 December 2006

A. Letter from the Government of Denmark and Home Rule Government of Greenland

Sir,

With reference to the Protocol laying down the conditions relating to fishing, initialled on 13
September 2000 for the period from 1 January 2001 to 31 December 2006, I have the honour
to inform you that the Government of Denmark and the Home Rule Government of Greenland
are prepared to apply that Protocol provisionally from 1 January 2001 until its entry into force
in accordance with Article 13 of the said Protocol, provided that the European Community is
prepared to do the same.

It is understood that, in this case, the payment of the financial compensation stipulated in
Article 11 of the Protocol is effected by the beginning of the fishing year.

I should be obliged if you would confirm that the European Community is in agreement with
such provisional application.

Please accept, Sir, the assurance of my highest consideration.

For the Government of Denmark and the
Home Rule Government of Greenland

5

B. Letter from the European Community

Sir,

I have the honour to acknowledge receipt of your letter of today’s date, which reads as

follows:

"With reference to the Protocol laying down the conditions relating to fishing, initialled on, 13
September, 2000 for the period from 1 January 2001 to 31 December 2006, I have the honour
to inform you that the Government of Denmark and the Home Rule Government of Greenland
are prepared to apply that Protocol provisionally from 1 January 2001 until its entry into force
in accordance with Article 13 of the said Protocol, provided that the European Community is
prepared to do the same.

It is understood that, in this case, the payment of the financial compensation stipulated in
Article 11 of the Protocol is effected by the beginning of the fishing year.

I should be obliged if you would confirm that the European Community is in agreement with
such provisional application. ”

I have the honour to confirm the agreement of the European Community to this provisional

application.

Please accept, Sir, the assurance of my highest consideration.

On behalf of the Council of the European Union

6

FOURTH PROTOCOL

laying down the conditions relating to fishing provided for in the Agreement on fisheries
between the European Community, on the one hand, and the Government of Denmark
and the Home Rule Government of Greenland, on the other.

The European Community, on the one hand, and the Government of Denmark and the Home
Rule Government of Greenland, on the other,

Having regard to the Agreement on fisheries between the European Community, on the one
hand, and the Government of Denmark and the Home Rule Government of Greenland, on the
other,

HAVE AGREED AS FOLLOWS:

Article 1

1.

2.

3.

a

b

c

d

This Protocol shall apply to fishing activities from 1 January 2001 to 31 December
2006.

The quotas referred to in Article 2 of the Agreement shall be fixed at the following
quantities for each year:

Species

Cod
Redfish
Greenland halibut
Shrimp
Halibut
Catfish
Blue whiting
Capelin
Roundnose grenadier

a

c

Western stock
(NAFO 0/1)
2,000
5,500
1,500
-
200
300
-
25,000
1,350

(tonnes)
Eastern stock
(ICES XIV/V)

b

c

25,500
4,800
5,675
200
300
15,000
d

2,000

Notwithstanding the quotas under paragraph 2 the Community may fish up to the
reference quantities laid down in Annex I. This shall be without further financial
compensation than laid down in Article 11. The quotas will be adapted annually or at
other intervals in the light of available scientific information.

May be fished West or East
May be fished East or West and of which a maximum of 20,000 tonnes may be fished by pelagic trawl.
Catches from the bottom trawl fishery and the pelagic trawl fishery shall be reported separately.
If bycatches by Community vessels of Atlantic halibut in trawl cod and redfish fisheries would imply
overruns of Community quotas of Atlantic halibut, the Greenland authorities will provide solutions to the
effect that Community cod and redfish fisheries nevertheless can continue until the cod and redfish quotas
have been exhausted.
70% of the Greenland share of the capelin TAC.

7

4.

The quota for shrimp in East Greenland may be fished in areas West of Greenland
provided that arrangements for quota transfers between shipowners from Greenland
and the Community have been established on a company-to-company basis. The
Greenland Home Rule Government shall undertake to facilitate such arrangements.
The transfers of quotas can only take place within a maximum of 2,000 tonnes
annually in areas of West Greenland. The fishery carried out by the Community
vessels shall take place on the same conditions as laid down in the licence issued to
the Greenlandic shipowner.

5.

Greenland undertakes to grant each year a quantity of 2,000 tonnes of snow crab to
temporary joint ventures or joint enterprises within the meaning of Articles 4 and 5.

The quantities referred to in the first paragraph of Article 7 of the Agreement are hereby set at
the following levels each year:

Article 2

Species (tonnes)

Cod
Redfish
Greenland halibut
Shrimp
Catfish

(tonnes)

Eastern stock
(ICES XIV/V)

a

5,000
-
1,500
-

Western stock
(NAFO 0/1)

52,250
2,500
4,700
25,000
4,000

Article 3

Greenland shall give a special preference to companies from Member States of the
Community in connection with the negotiation of contracts concerning such quantities of cod,
or other species, which it offers for over-the-side sales or cod-end-transfers in situations
where the capacity of the Greenland fish processing plants is insufficient to process the
quantities fished by the Greenland fishing fleet. Such contracts will be negotiated directly on
a commercial basis.

Article 4

For the purpose of Article 8a of the Agreement the following definition shall apply:

Temporary joint venture means any association based on a contractual agreement of limited
duration between Community shipowners and physical or legal persons in Greenland, with
the aim of jointly fishing for and exploiting Greenland fishing quotas by vessels flying the
flag of a Member State of the European Community and sharing the cost profits or losses of
the economic activity jointly undertaken, with a view to the priority supply of the Community
market.

Joint enterprises means any company regulated by Greenland law comprising one or more
Community shipowners and one or more partners in Greenland, with the aim of fishing for

a

May be fished West or East

8

and possibly exploiting Greenland fishing quotas in the waters under the sovereignty and/or
jurisdiction of Greenland by vessels flying the flag of Greenland with a view to the priority
supply of the Community market.

Article 5

The Parties shall assess the projects for the temporary joint ventures and joint enterprises
provided for in Article 4. The projects shall be assessed in accordance with the methods and
criteria set out in Annex II.

Article 6

In order to encourage the establishment of joint enterprises referred to in Article 4, financial
assistance may be granted in accordance with conditions laid down in Council Regulation
2792/1999.

Article 7

A Joint Committee shall be set up to oversee the application of Articles 5 and 6 of this
Protocol. The duty of this Committee shall be, in particular, to:

– assess the projects presented by the Parties for the establishment of temporary joint
ventures and joint enterprises provided for in Article 4, in accordance with the criteria set
out in Annex II;

– review the activities of vessels belonging to temporary joint ventures and joint enterprises

in Greenland waters before the end of their contract.

The Joint Committee shall meet at the request of either Party.

Article 8

The conditions concerning access to resources of temporary joint ventures are laid down in
Annex III.

Article 9

The Parties shall promote the conduct of experimental fisheries on, inter alia, deep sea
species, snow crab and squid in Greenland waters. To this end, they shall hold consultations
whenever one of the Parties so requests and determine, on a case-by-case basis, relevant
species, conditions and other parameters. Furthermore, they shall explore whether projects for
experimental fisheries can benefit from financial assistance.

Article 10

In order to give effect to the cooperation obligations laid down in Article 9 of the Agreement,
the Parties undertake to establish closer contact with a view to determining relevant areas of
cooperation, in particular in the framework of regional fisheries organisations and in the field
of research.

the Parties acknowledge the importance of an efficient control and
In this context,
enforcement Scheme in the regional fisheries organisations to which both Parties adhere.

9

They agree to co-operate with a view to facilitating an effective implementation of such
Schemes on the practical level within the capacity of each Party.

Article 11

1.

2.

3.

4.

The financial compensation referred to in Article 6 of the Agreement shall, during
€
the period of validity of this Protocol, be fixed at 42,820,000 Euro (
) payable
annually at the beginning of each fishing year.

The compensation shall be adjusted during the course of each fishing year in
proportion to the supplementary quota allocated to the Community, calculated on the
basis of cod equivalents under Article 8 of the Agreement.

Greenland shall make available to the Community a quantity of 20,000 tonnes of cod
equivalents, which the Community may use for
the purposes of acquiring
supplementary catch possibilities. The adjusted compensation referred to in
paragraph 2 may consist of up to 50% of these cod equivalents.

The procedure to be followed as regards the allocation of supplementary catch
possibilities under Article 8 of the Agreement is set out in Annex IV.

Article 12

Failure to implement the commitments laid down in this Protocol may, without prejudice to
the provisions of Article 7 and 10 of the Agreement, entail a corresponding reduction in the
commitments referred to in Articles 1 and 11 of this Protocol.

Article 13

This Protocol shall enter into force on the date of its signature. It shall apply from 1 January
2001. The Parties shall notify each other on the completion of the procedures necessary for
this purpose.

Article 14

1.

2.

3.

No later than 30 June 2003 the Parties shall meet with a view to assessing the
effectiveness of the Protocol.

They shall review and assess the adequacy of this Protocol and if necessary propose
amendments. In this context they shall assess the overall relationship between the
Parties and assess whether additional
instruments should be developed and
implemented to better address the development needs of Greenland.

Following the entry into force of this Protocol, the Parties undertake to prepare the
review meeting referred to in paragraph 1. To this end, they will establish appropriate
contacts and exchange material which they deem appropriate.

No later than four months before the meeting referred to in paragraph 1, the Parties shall
notify each other of the subject matters which they intend to raise and, as appropriate,
their possible proposals for amendments.

10

4.

5.

Two months following the notification, the Parties shall enter into consultations with
a view to preparing the review meeting and examining any possible proposals for
amendments.

Following the completion of the review meeting the Parties shall notify each other of
the acceptance by their respective Authorities of any proposed amendments.

Article 15

This Protocol shall be drawn up in duplicate in the Danish, Dutch, English, Finnish, French,
German, Greek, Italian, Portuguese, Spanish and Swedish language, each text being equally
authentic.

The Greenland authorities will provide a translation into Greenlandic of the Protocol.

11

Annex I

Reference quantities

Western stock
(NAFO 0/1)

(in tonnes)

Eastern stock
(ICES XIV/V)

31,000 a
5,500
1,500
-
200 c

1,000
-
25,000
3,350

-

47,320 b
4,800
5,675

200 c

1,000
15,000
d

4,650

Species

Cod
Redfish
Greenland halibut
Shrimp
Halibut
Catfish
Blue whiting
Capelin
Roundnose grenadier

a

b

c

d

May be fished West or East
25,500 tonnes may be fished East or West and of which a maximum of 20,000 tonnes may be fished by
pelagic trawl. Catches from the bottom trawl fishery and the pelagic trawl fishery shall be reported
separately.
If bycatches by Community vessels of Atlantic halibut in trawl cod and redfish fisheries would imply
overruns of Community quotas of Atlantic halibut, the Greenland authorities wil provide solutions to the
effect that Community cod and redfish fisheries nevertheless can continue until the cod and redfish quotas
have been exhausted.
70% of the Greenland share of the capelin TAC

12

Annex II

Methods and criteria for project assessment

1.

2.

3.

4.

5.

The Parties shall exchange information on the projects presented for the formation of
temporary joint ventures and joint enterprises according to Article 4 of this Protocol.

The projects shall be presented to the Community via the competent authorities of the
Member State or Member States concerned.

The Community shall submit
to the Joint Committee a list of projects concerning
temporary joint ventures and joint enterprises. The Joint Committee shall assess the
projects in accordance inter alia with the following criteria:

(a)

(b)

(c)

(d)

(e)

technology appropriate to the proposed fishing operations;

target species and fishing zones;

age of the vessel;

in case of temporary joint ventures,
operations.

the total duration and that of fishing

previous experience of the Community shipowner and any Greenlandic partner in
the fisheries sector.

The Joint Committee shall issue an opinion on the projects following the assessment
under point 3.

In the case of temporary joint ventures, once the projects have received a favourable
opinion from the Joint Committee, the Greenland Authority shall issue the necessary
authorisations and fishing licences.

13

Conditions concerning access to resources of temporary joint ventures in Greenland

Annex III

1.

Licences

The fishing licences to be issued by Greenland shall have a validity equal to the duration
of the temporary joint ventures. Fishing shall take place on quotas allocated by the
Greenland Authority.

2.

Replacement of vessels

A Community vessel operating under a temporary joint venture may be replaced by
another Community vessel with equivalent capacity and technical specifications only on
duly justified grounds and with the agreement of the parties.

3.

Fitting-out

Vessels operating under temporary joint ventures shall comply with the rules and
regulations applicable in Greenland regarding fitting-out, which regulation shall be
applied without discrimination between Greenland and Community vessels.

4.

Catch declaration

(a) All Community vessels shall forward to the Greenland Authority a catch declaration

in accordance with Greenlandic fishery regulations.

(b) A copy of the catch declaration shall be forwarded to the European Commission.

(c) In the event of these provisions not being complied with, the Greenland Authority
may suspend the fishing licence of the vessel involved until the said formalities have
been complied with.

5.

Scientific observers

At the request of the Greenland authority, Community vessels fishing pursuant to this
Protocol shall permit a scientific observer designated by the said Authority to come on
board to perform his tasks. The observer shall be provided with all
the facilities
necessary for the exercise of his functions.

The conditions of his stay on board shall be the same as those of the other officers of the
vessel. Observers remunerations and social security contributions shall be paid by the
Greenland authorities. The costs of his stay on board shall be borne by the owner of the
vessel.

14

Annex IV

Supplementary catch possibilities

1.

The authorities responsible for Greenland undertake to offer to the Community by
15 November each year such supplementary catch possibilities referred to in Article 8 of
the Agreement, which at the time are expected to be available the following fishing year.

The Community shall inform the authorities responsible for Greenland of its reaction to
the offer no later than 6 weeks after receipt of the offer. If the Community either declines
the offer or does not react within 6 weeks, the authorities responsible for Greenland will
be free to offer the supplementary catch possibilities to other parties.

2.

If at any time during the fishing year additional supplementary catch possibilities under
Article 8 of the Agreement are identified, which exceed the catch possibilities contained
in the offer referred to in paragraph 1, the authorities responsible for Greenland shall
offer the Community such additional possibilities.

The Community shall inform the authorities responsible for Greenland of its reaction to
the offer no later than 6 weeks after receipt of the offer. If the Community either declines
the offer or does not react within 6 weeks, the authorities responsible for Greenland will
be free to offer the supplementary catch possibilities to other parties.

15

FINANCIAL STATEMENT

1.

TITLE OF OPERATION:

Fourth Protocol laying down the conditions relating to fishing provided for in the
Agreement on fisheries between the European Economic Community, on the one
hand, and the Government of Denmark and the local Government of Greenland, on
the other

2.

3.

4.

4.1

4.2

5.

5.1

5.2

BUDGET HEADING INVOLVED: B7-8000

LEGAL BASIS:

–

–

Article 37 of the Treaty, in conjunction with Article 300(2) and (3) first
subparagraph

EC/Greenland Agreement (OJ L 29, 1.2.1985, p.9)

DESCRIPTION OF OPERATION

General Objective: Protocol and Annex for six years

Period covered and arrangements for renewal

Period: 1 January 2001 to 31 December 2006

Review: no later than 30 June 2003

Renewal arrangements: negotiation prior to the expiry of the Protocol

CLASSIFICATION OF EXPENDITURE OR REVENUE

DO

CD

6.

TYPE OF EXPENDITURE:

The financial compensation is a flat sum, fixed for the six-year period, to be paid
annually to the Greenland Home Rule Government entirely from the Commission’s
budget.

7.

7.1

FINANCIAL IMPACT

Method of calculating total cost of operation (definition of unit costs)

The total financial compensation to be paid is

€

42,820 million per annum.

16

The Community made a unilateral declaration assessing the current value of the
28 million per annum.
fisheries components of the total financial compensation at
This amount was derived using the quotas in art. 1 par. 2 of the protocol, present
market prices (August 2000), exploitation costs, the estimated value of the snow crab
quotas and the value of the option to increase these quotas.

€

Compensation can be adjusted annually in proportion to supplementary quotas
allocated to the Community. These adjustments can consist up to 50% of all or part
of 20,000 tonnes of cod equivalents made available to the Community.

The remainder of the annual compensation,
14,820 million per annum, is assumed
to cover non-fisheries components of the Agreement, including the development and
co-operation needs of Greenland.

€

7.2

Itemised cost breakdown

Breakdown (current
€
)
million
Financial
contribution
referred to in
Article 11
Total

2001

2002

2003

2004

2005

2006

Total

42,820

42,820

42,820

42,820

42,820

42,820

256,920

42,820

42,820

42,820

42,820

42,820

42,820

256,920

The financial impact of the outcome of the review, to be undertaken no later than
2003, cannot be forecasted at this time.

7.3

Schedule for proposed new operation in

€

million (current prices)

Commitment
appropriations
Payment
appropriations

2001
42,820

2002
42,820

2003
42,820

2004
42,820

2005
42,820

2006
42,820

Total
256,920

42,820

42,820

42,820

42,820

42,820

42,820

256,920

The financial impact of the outcome of the review, to be undertaken no later than
2003, cannot be forecasted at this time.

8.

FRAUD PREVENTION MEASURES; RESULTS OF MEASURES TAKEN

Since a financial contribution is paid by the Community for services rendered
(fishing opportunities and others) and neither the Agreement nor the Protocol have
any specifications in this domain, it may be used by the authorities of Greenland as
they see fit.

The Protocol foresees the implementation of a joint Committee to oversee the
activities of temporary joint ventures and joint enterprises as described in art. 4.

17

9.

ELEMENTS OF COST-EFFECTIVENESS ANALYSIS

• Fishing quotas: The quotas as laid down in Art. 1 (2) have been partly reduced
compared to the Third Protocol in order to fix fishing opportunities which are
really available. This is the case with cod (from 31,000 t to 2,000 t), redfish (from
52,320 t to 31,000 t), catfish (from 1,000 t to 300 t), blue whiting (from 30,000 t
to 15,000 t), roundnose grenadier (from 8,000 t to 3,350 t) and polar cod (deleted).
At the same time, the Community has the option to fix higher quotas, in most
cases up to the levels of the Third Protocol, for cod, redfish, catfish and roundnose
grenadier without any additional financial compensation. An adaptation within the
limits laid down in a table of reference quantities is possible at any time in the
light of available scientific information (see Art. 1 (3) in connection with Annex I
of the Protocol). At the request of Greenland, the quantities to be allocated to the
Faeroe Islands which are laid down in Art. 1 (2) and (5) of the Third Protocol
have been integrated into the new quota tables.

• New fishing opportunities: For the first time, the fishing opportunities include
quotas on the Western capelin stock (25,000 t). Greenland will also grant annually
2,000 t of snow crab to temporary joint ventures or joint enterprises.

• Experimental fisheries: An extra article has been introduced on the promotion of
experimental fisheries (Art. 9), esp. on deep sea species, snow crab and squid.
Decisions will be taken on a case-by-case basis.

• Increased East-West flexibility: The limit within which shrimp may also be
fished in areas West of Greenland has been increased from 1,000 t to 2,000 t
annually. As a novelty, the possibility has been introduced to fish on the Eastern
redfish quota in the West.

• Carry-over of the 3d. Protocol cod bank: 20.000 tonnes of cod equivalents, with
7,3 million, are made available to the Community to partly

an estimated value of
offset the cost of acquiring supplementary catch possibilities.

€

• Inclusion of over-the-side sales and cod-end transfers: The preference given to
Community companies in the case Greenland offers fish for over-the-side sales
and cod-end transfers due to insufficient processing capacities, which was already
included in the Agreed Record on the negotiations for the Third Protocol, has
been laid down in the Protocol itself (Art. 3). In addition, the provision is now
also applicable to other species than cod.

• Closer co-operation: A new article has been introduced aiming at establishing
closer co-operation in the framework of regional fisheries organisations,
in
particular with a view to the implementation of control and enforcement schemes,
and in the field of research (Art. 10).

18

• Temporary joint ventures/joint enterprises: The inclusion of temporary joint
ventures and joint enterprises into the Protocol has been maintained. However,
due to changes in Community legislation on these matters, financial assistance has
been abolished in the case of temporary joint ventures and related to the
conditions laid down in Council Regulation (EC) No 2792/99 in the case of joint
enterprises.

• Review clause: A review clause has been introduced laying down the procedure
leading up to the review of the adequacy of the new Protocol and of the overall
relationship between both Parties. It shall take place not later than 30 June 2003.

In addition to the direct sale value of catches,
following advantages:

the Agreement also offers the

– guaranteed employment on board fishing vessels;

– the multiplier effect on jobs for the ports, auctions, processing factories, shipyards

and service industries in the regions concerned;

– these jobs are created in regions where there are few alternatives to fishing;

– supply to the Community market in fishery products.

the list of advantages must

include the importance of relations with
Clearly,
Greenland, both in the fisheries sector and in the political sphere and the pivotal role
of the Fisheries Agreement with Greenland for the proper functioning of the
Community's fisheries agreements with other third countries. It must also be noted
that the Parties agreed that Greenland shall not receive any financial aid by virtue of
its OCT status during the period of application of the 4th Protocol unless agreed
otherwise after the review required under art. 14 of the Protocol.

10.

ADMINISTRATIVE EXPENDITURE (PART A OF THE BUDGET)

The Protocol provides for a mid-term review process that has to be completed before
2004 that will involve external participants and several Commission services. In
addition, the functioning and implementation of the provisions of the Protocol must
be monitored while it is in force and an evaluation of the application of the Protocol
must be complete immediately prior to its expiration. It is estimated that these
activities will require an additional ½ person per annum for all the Commission
services.

19